An extract from my pre-market note.
Exxaro Resources (EXX, R177.38): We consider analysis of the monthly chart a key variable in our outlook. EXX has traded in a sideways range for 12 years and has the potential for upside acceleration to test the March 2012 highs at R214.95 on the back of a potential moderate fundamental re-rating post it’s results.
For the FULL note and more of these and other technical perspectives, get in touch with me today.
Exxaro Resources (EXX, R177.38): We consider analysis of the monthly chart a key variable in our outlook. EXX has traded in a sideways range for 12 years and has the potential for upside acceleration to test the March 2012 highs at R214.95 on the back of a potential moderate fundamental re-rating post it’s results.
For the FULL note and more of these and other technical perspectives, get in touch with me today.