Peet_Serfontein

SNT: timing very important

Long
JSE:SNT   SANTAM LIMITED
A price action above 26600 supports a bullish trend direction.
Breaking below this level will negate the bullish bias.
RSI leaves enough room for further upside price potential.
Remains above its 200-day simple moving average.
Increase exposure as the trend is developing further.
MACD crossover (lower panel) also supports a bullish trend direction.




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.