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Merafe Resouces Swing Trade
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MERAFE RESOURCES LTD
(
JSE:MRF
)
Trend_Trader_JSE
JSE:MRF
MERAFE RESOURCES LTD
Trend Analysis
Chart Patterns
Technical Indicators
swingtrade
trendfollowing
3
0
trendanalysis
chartpattern
indicator
swingtrade
trendfollowing
MRF
is currently at an area of value; 200EMA level and a support level. The 200EMA is pointing up; it's reasonable to anticipate a support here. At current price, this is a potential 1:4 risk to reward swing trade.
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