Merafe set for strong upside with gap to close R1.55

Rounding Bottom is forming on Merafe since the gap down,

Markets have a strong chance of prices to close gaps.

So we just need to wait for the breakout and then the price will most likely to reach R1.55.

The analysis is from the last time we mentioned MRF and not much has changed except further confirmation for upside.
ALSIChart PatternsferrochromeFundamental AnalysisjsemerafesouthafricaTrend Analysis

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Timon Rossolimos
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(Pro trader since 2003)
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