Long
Mediclinic On The Move
MEI is starting to show signs of life again:
- Breaking above the 'arch'
- Crossing the (short term) 5/20-day MA on the upside
- RSI breaking out
- Pricing starting to make higher lows
Remains a short term buy below R60.00
I would use a stop-loss of 57.50, and TP of 68.00
- Breaking above the 'arch'
- Crossing the (short term) 5/20-day MA on the upside
- RSI breaking out
- Pricing starting to make higher lows
Remains a short term buy below R60.00
I would use a stop-loss of 57.50, and TP of 68.00
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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.