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RossLarter

BLU upward move

Long
BLUE LABEL TELECOMS LTD (JSE:BLU)  
RossLarter  
JSE:BLU   BLUE LABEL TELECOMS LTD
Support and Resistance jse ALSI ZAR southafrica bluelabel
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supportandresistance jse alsi zar southafrica bluelabel
BLU is showing signs of upward momentum with the recent bounce off of the support level at around 460 as well as two of our three momentum indicators having crossed upwards. If confirmed, I think we can see a move to at least the previous highs of around the 530 level.
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