MarcoOlevano

$JSESTXRES STXRES weekly Channel support

Long
MarcoOlevano Aggiornato   
JSE:STXRES   SATRIX RESI PORTFOLIO
Resource stocks on the JSE moving into some support here. Watch for a reversal off the bottom of this channel

Commento:
Beautiful reversal off the bottom of the channel on the satrix40 etf so far..
Commento:
satrixRES etf rather
Commento:
Resources holding well relative to the rest of the market. Uptrend intact
Commento:
Resources have had a nice move off the bottom of the channel, but I would look at taking profits here as i am seeing massive resistance on the J210 resources index- market battling at the 200 and 50 day ma intersection point

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