Good outlook for oversold Imperial Brands?

By beursfanaat
Imperial Brands has faced a long decline over the past few months. Now we see a retracement zone at current levels. I wouldn't be suprised if we could soar in the near-term due to very oversold conditions. The Money Flow index is indicating as a non-lagging indicator that buying parties are flowing into the stock.
brandsimperialTrend Analysis
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