Uptrends rarely come as crystal clear as this. I feel bad for not having bought this stock earlier even though i stay in South Africa where it is listed. However, for all those traders like me who missed the initial rally, i expect prices to go up further. A good place to enter a long position would be if price retraces to the 134290 price level.
Traders can also enter on the retest of either the 20- or 50-period exponential moving average (EMA), which are both currently acting as dynamic support.
Remember, a trend is your friend (why fight it?)
Traders can also enter on the retest of either the 20- or 50-period exponential moving average (EMA), which are both currently acting as dynamic support.
Remember, a trend is your friend (why fight it?)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.