Old Mutual: Solid Reversal, Consider Partially Reducing

108
OMU just about traded into my provisional accumulation zone (yellow circled areas), a level which was set two weeks earlier (05 July) and highlighted in my client report. The price has strongly reversed higher, following the expected path on the back of it's market update among other factors. From just above 1200c to 1463c, it may be time to partially reduce the position as it nears swing highs (short term view).

For access to these and other insights and ideas, get in touch today.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.