Impala Platinum - Downside target almost reached
Following on from a previous post: Impala did not manage to move higher from its oversold levels and, at one point, staged a promising bounce after temporarily breaching 90 to the downside.
Currently, the price has still failed to break its downtrend and as a result, the almost once doubtful level of 70 is now within sight!
Levels to look out for on the downside are 70.20 and 51.97.
I would like to see the stock break its downtrend (hello) before getting involved with longs at which point we could potentially target 139 if this plays out.
Currently, the price has still failed to break its downtrend and as a result, the almost once doubtful level of 70 is now within sight!
Levels to look out for on the downside are 70.20 and 51.97.
I would like to see the stock break its downtrend (hello) before getting involved with longs at which point we could potentially target 139 if this plays out.