JSE:HAR Harmony Gold Markup

By SteynTrade
Updated
The gold price is showing strength and with it gold stocks. HAR has broken its accumulation range and backed up to the range on declining volume. A strong rejection of the Yearly Pivot Point could indicate that the markup is about to start.
Comment
HAR has been acting very week with decline on some volume and break back into the trading range. It seems to have found some support but this could only lead to a move back to the Yearly Pivot Point before testing the bottom of the TR.
snapshot
accumulationjsejseharSupply and DemandSupport and ResistanceVolume IndicatorVolumewyckoff
SteynTrade

Disclaimer