Old Mutual upward moveJSE:OMU is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.Longby RossLarter0
Bullish Harami on Old MutualA Bullish harami pattern formed on JSE:OMU on the 30th of Nov and 1st of Dec. This could mean that we could see an upward move from here as this is a bottom reversal signal. The stochastic is confirming this move. If triggered, we are aiming for the target at the R13.91 level.Longby RossLarter0