Loyiso_BlaqueSoros_Mpeta

$JSEREM - Remgro: Head & Shoulders Invalidated, Now What?

Long
JSE:REM   REMGRO LTD
The last coverage of Remgro was on 24.03.2023, link below.

The support level has held and the technical pattern no longer fits that of a head & shoulders.
I do not have an investment thesis on Remgro and it is a very slow mover but price looks bullish at this point.

For long-term holders, buys can be initiated with a stoploss below the support level.


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.