Timonrosso

Argent Rectangle showing mixed signs with bullish bias to R17.83

看多
JSE:ART   ARGENT INDUSTRIAL LTD
Rectangle formation is forming on Argent,
7>21 and Price>200
RSI<50 - Mixed
Target R17.83

CONCERNS:
High volatility and low liquidity signals show an unhealthy chart, which is not great for breakout trading.
For investment purposes it looks like Argent wants to break above the Rectangle and head to R17.83.
But with the mixed signals and erratic price action, this is anyone's guess.

ABOUT:
Argent is largely a steel-based beneficiation group with a very diverse portfolio of businesses that include international brands.
The group’s activities are based in Gauteng, the Western Cape, Eastern Cape, Kwazulu-Natal and Mpumalanga, with one subsidiary (Cannock Gates) in the United Kingdom and one (New Joules Engineering) based in North America.

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

💰FREE Discord:
discord.gg/c8f37kyv35

Twitter:
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。