The sun will come out... Exxaro
EXX seems to be forming an inverse head & Shoulders pattern at the bottom of the trend (in my mind anyway). RSI looking strong enough to buy on a slight pull-back but I certainly will not be chasing it. If the pattern plays out, I reckon we will see the price make a run for the 200 day Moving average.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.