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RossLarter

Old Mutual turning up

Long
OLD MUTUAL LIMITED (JSE:OMU)  
RossLarter  
JSE:OMU   OLD MUTUAL LIMITED
Trend Analysis Moving Averages jse ALSI ZAR southafrica oldmutual
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trendanalysis movingaverage jse alsi zar southafrica oldmutual
OMU has bounced nicely off of the 200 simple moving average, failed to make a lower low and seems to be turning upwards for a long position. Momentum indicators are also start showing a move to the upside. We could possibly go to the previous highs around the 1500 level.
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