TradingView
SchalkLouw
17 de Mai de 2019 13:02

How Low can you Go...Remgro? Viés de alta

REMGRO LTDJSE

Descrição

Remgro is getting very interesting. Despite the fact that the share price is getting closer to the bottom support level of a Descending Triangle, the company still seem fundamentally sound and somewhat oversold according to its 14-day RSI. Consensus target price (according to Thomson Reuters) on JSEREM is still R234, which make current levels very interesting for a entry level. Should we see a recovery, first resistance levels should be the 50-day moving average at R194, with a break most probably looking to test the top of the triangle (which is also the 200-day moving average) at R199.

Trade ativo

Mais