LD_Perspectives

African Rainbow Minerals (ARI) - Short Term Tactical View

JSE:ARI   AFRICAN RAINBOW MIN LTD
African Rainbow Minerals (ARI)

On an intrday/ultra short term basis the most recent 3-day lows 12520-12635 appear an attractive level for traders looking for a short term 240c-280c gain. Price remains above the rising 21-day exponential moving average. We see a pullback at the open (close has been right into the 0.618% FIB).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.