Source: Bloomberg
Technical take - Harmony Gold Mining Company Limited (HAR)
I will be looking to buy (long) Harmony Gold Mining Company Limited (HAR) today at a level of 2551c. It has broken through and closed above resistance 2495c which gives me a signal to place a trade. There might be some retracement in price before it moves higher so take caution.
Trade: Harmony Gold Mining Company Limited (HAR)
- ENTRY Long (Buy): 2551c
- STOP: 2340c
- TARGET PRICE 1: 2692c
- TARGET PRICE 2: 2858c
Always remember to apply your risk management measures before placing your trades as this will keep you trading in the markets.
Read more notes by Barry HERE.
Barry Dumas | Trading Specialist at GT247.com
Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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