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Trad3r_16

S32 - Approaching buying opportunity

SOUTH32 LIMITED (JSE:S32)  
Trad3r_16  
JSE:S32   SOUTH32 LIMITED
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
The share traded quite strongly recently reaching around R51 before pulling back again. Currently is trading below yellow TL resistance but ideally would like to buy it for a long around 42.50 - 43.00 (TL support).
Should it overshoot, a better buying opportunity could be presented around R40.
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