Cheyne54

Mediclinic $JSEMEI making a bullish run

Cheyne54 Updated   
JSE:MEI   None
Strong day for Mediclinic. Looking to retest resistance around R60. If price can break through and hold above, there is potential upside to R76 (above 18% from current levels). Despite recent pull back, trend is still upwards with higher lows being posted
Comment:
1st Target of R76 was reached. Price pulled back since and has retested resistance at 76.64. If breaks and holds above 76.64 then next target could be around R90.

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.