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RossLarter

OMU Break of downward trend

Long
OLD MUTUAL LIMITED (JSE:OMU)  
RossLarter Updated   
JSE:OMU   OLD MUTUAL LIMITED
Trend Analysis Support and Resistance jse ALSI ZAR southafrica oldmutual
3
0
trendanalysis supportandresistance jse alsi zar southafrica oldmutual
OMU was trading in a downward trend but has recently broken through the trend line, come back down to test it as support and seems to be moving upwards again. I will wait for a confirmation above the 1100 level before entering a long position.
Trade closed: stop reached
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