EXXARO - Long IDEA
The bulls have managed to reclaim the 20ema and with coal prices stabilising the stock is presenting a favourable entry point .
The first hurdle with be to get through the 50dma to target the dividend gap close at R187 (TP1)
A daily close below R160 negates the idea .
The first hurdle with be to get through the 50dma to target the dividend gap close at R187 (TP1)
A daily close below R160 negates the idea .
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