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PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), KODAL MINERALS PLC ORD 0.03125P, LLOYDS BANKING GROUP PLC ORD 10P, LOCATION SCIENCES GROUP PLC ORD 0.01P, OILEX LD ORD NPV, AFRICAN BATTERY METALS PLC ORD 0.001P
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On weekly chart dark cloud cover is usually bearish,
but this week's price action could make the stock bullish.
It still has to pull away from 219p resistance though.
A very simple trade here. MACD & RSI diverging at support. Good R/R ratio with stops @ 180.5 and 1st target @ 219
Showing signs of a new uptrend.
Hold till resistance level/ an overbought RSI.
Place stop loss at 200.
Risk/Reward ratio: 4