IMP low probability for IMP but still more likely to break down

١٩ يونيو

M Formation turning into Triple Top with IMP.

I am hesitant making this analysis as the JSE is showing strong upside to come along with international markets.

But the charts are still saying the price is likely to test demand to the upside and if it's weak this thing can drop big time down to R38.00.

We definitely need to wait for the breakout and a strong down candle. But that's what the analysis says.

Price<20
Price>200

Need to wait for breakout

Target R38.07