Trad3r_16

Impala Platinum - Downside target almost reached

JSE:IMP   IMPALA PLATINUM HLGS LTD
Following on from a previous post: Impala did not manage to move higher from its oversold levels and, at one point, staged a promising bounce after temporarily breaching 90 to the downside.
Currently, the price has still failed to break its downtrend and as a result, the almost once doubtful level of 70 is now within sight!
Levels to look out for on the downside are 70.20 and 51.97.
I would like to see the stock break its downtrend (hello) before getting involved with longs at which point we could potentially target 139 if this plays out.
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