JSE:OUT   OUTSURANCE GROUP LIMITED
Outsurance Group (OUT) | The share has been in a gradual upward trend, with a multi-month consolidation at/near 52-week/all-time highs. The price action and specifically the candle structure has been negative however has started to show (very) early signs of improvement. Two additional positives to note: (1) the development of a falling wedge candle formation and (2) the 14-day RSI clearing it's downward trend which extends back to 14 November. Positive momentum above 4320c opens up the 4850c range as a medium term target.
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