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$JSEBAW - Barloworld: Is The Bottom Finally In? 5883 Hold Key
See link below for previous analysis
Barlo stock has caught a strong bid at 5883 and the rally looks strong.
This give me confidence that wave C is probably complete at 5883.
Not one to chase momentum, though the stock can continue higher with little pullbacks, i would like to see consolidation or a three wave pullback that holds above 5883 to join the bulls.
The invalidation level of this bullish outlook is a break below 5883.
Barlo stock has caught a strong bid at 5883 and the rally looks strong.
This give me confidence that wave C is probably complete at 5883.
Not one to chase momentum, though the stock can continue higher with little pullbacks, i would like to see consolidation or a three wave pullback that holds above 5883 to join the bulls.
The invalidation level of this bullish outlook is a break below 5883.
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