• REAL-TIME: 12h45
Also Note: The share is nearing it's 61.8% Fibonacci Retracement Level
GFI has rallied sharply off the Tactical trigger, reaching +R278, from R244 last week Monday. The key medium term moving averages (50, 75 and 100-Day EMA) are just ahead and could act as a resistance range. With the strong short term appreciation, reducing into strength may be a prudent move for active traders.
Here's what Unum Capital clients had access to:
Here's how the setup has subsequently developed:
Lester Davids
Analyst: Unum Capital
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