THUNGELA RESOURCES LTD

Thungela Resources ( $TGA )

287
Thungela Resources ( TGA )

This stock has been flying, so I think a cool down period can be expected.

It's fighting to stay above support (R250-R280) - really needs to hold here, because if not, there is some downside pain to be expected.
Those that missed the bus the first time, will most likely get another opportunity to buy again at lower levels.

Patience is key.

First nibble at R213, then the next big bite will come at R170-R180

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