- The stock is in the process of pulling back after a major rally which saw a high of R326
- Next major level is R247 where a "possible" relief bounce may occur. This is the previous break high and corresponds with the 20ema on the weekly.
- I still see the stock pulling back to R210 and possibly R170 over the longer term but as always, i will trade it level by level.
- Next major level is R247 where a "possible" relief bounce may occur. This is the previous break high and corresponds with the 20ema on the weekly.
- I still see the stock pulling back to R210 and possibly R170 over the longer term but as always, i will trade it level by level.