JSE:RBX Raubex Facing Selling Pressure
Raubex has started trading in a downward sloping channel. Significant divergence is seen between the with the RSI rising and the Volume RSI pushing lower. This indicates selling in the background even as the price was rising. Price has found resistance at the upper channel line and the 2019 Yearly Pivot Point. Looking for a continuation of the downward stride.
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