zeerotrader

EXX - Spot on! Where to now?

JSE:EXX   EXXARO RESOURCES LTD
We may derive the following from the Weekly EXX chart:

1. Price has reached our channel support (See linked idea).

2. Majority of profit can be taken.

3. A bid is most likely to occur at the support (pink line) - however a break of the trend is possible.

4. Monitor price action.

5. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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