UPDATE: Thungela still showing further downside to target R88.70

201
Large H&S since May 2022 formed with the coal mining company.
It broke down in January and since then has been sliding on a gradual downtrend.

Other indicators confirmed downside to come including:
200 >21> 7 - Bearish (Red)
RSI <50 Red

The target still remains to be R88.70 and it looks like coal is still in very murky water.

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