$IMP Impala Platinum - Bear Flag Formation (Short Term View)
60-min chart:
Price breaking below channel support, potentially setting up a bear flag.
This coincides with a rejection of the hourly 200-simple moving average.
Further confirmation is weakness below 7470c.
Support and possible target of around at 7089c to 7160c.
JSE:IMP
Price breaking below channel support, potentially setting up a bear flag.
This coincides with a rejection of the hourly 200-simple moving average.
Further confirmation is weakness below 7470c.
Support and possible target of around at 7089c to 7160c.
JSE:IMP
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