EXXARO at 2 support levels
The price has come down steadily to test the rising trend support at around 126.00. However, there a small horizontal support at 124.00 that is a stronger buy. The stock is extremely over-sold at current levels but it does leave the door open for price capitulation. The play here is to wait for a green candle and then buy for a relief rally.
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.