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Your Morning Market Podcast 11 July 2017

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Late rally sends JSE higher, while  forex markets remain muted

 

Impala Platinum

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Trading in a decending traingle range.  Critical area of support below R35.00 per share, will wait for a confirmation of a breakdown below this area to go short.  

The market has been well supported at these levels as bargain hunters enter to pick up the stock. 

 

Anglo American Plc 

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Currently trading at the top of the channel, yet below a long term moving average. We could see a move to the upside this morning, with a short term take profit below R194.00

 

 

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Martin Harris | Trading Specialist at GT247.com


Wishing you a profitable day of trading.

 
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