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RossLarter

Possible reversal on Goldfields

Long
GOLD FIELDS LTD (JSE:GFI)  
RossLarter  
JSE:GFI   GOLD FIELDS LTD
Trend Analysis Support and Resistance jse ALSI ZAR southafrica goldfields
4
2
trendanalysis supportandresistance jse alsi zar southafrica goldfields
GFI has bounced off of a support level and looks like a upward move is a possibility. The stochastic and MACD are confirming this momentum. If the price moves up above the 15000 level I will consider a long position. Beware that it might find some resistance on the 200SMA, so if it breaks through that, it further confirms the move.
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