JSE:WHL | Bulls in the background suggest a buy at 5560
Price ranged from early February this year all the way through to mid-July before breaking higher.
This extended period of accumulation which was followed up several bullish pushes higher suggests 6400 as a target.
We see price currently constrained in channel-type structure that looks likely to lead down to 5560 before the bulls really step in again.
I'm very interested in a buy at that level.
This extended period of accumulation which was followed up several bullish pushes higher suggests 6400 as a target.
We see price currently constrained in channel-type structure that looks likely to lead down to 5560 before the bulls really step in again.
I'm very interested in a buy at that level.