Old Mutual - 200SMA Bounce with upward momentum
OMU recently bounced nicely off of the 200 Simple Moving Average and started to in an upward direction. It is also showing signs of great upward momentum so I think we could be looking at a nice upward move towards the previous resistance level at around 1480
Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView
For more info about our training and mentorship visit suretrading.co.za
For more info about our training and mentorship visit suretrading.co.za
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.