THUNGELA RESOURCES LTD
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Thungela Resources

220
Thungela Resources. I will build into it for a trade.

In the short-term, it could fall to R108,00, but I'm expecting it to return 20%-40% over the next 6 months.

It looks to me, and I'm no professional, that it made a double bottom at a previous resistance turned support. If it does fall in the short-term, again, just my guess, it looks to me that it could create an inverse head and shoulders pattern, indicating that upside returns could materialize.

Exit at R170 -R175
Cut losses at R97

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.