To me the technicals are indicating I should rather be trading something else. EXX is flapping around a bit right now. If you have the time and the leverage and the kahuna's then you cn trade the channel. I believe it's long at 123-eish and short at 133-eish... but ya gotta be wake-up.
Just came back from a relaxing holiday. alot has happened with exxaro since i left!!! MY prediction is that exxaro will drop to the 110 major support level, buy into weakness. It should bounce nicely from there. The whole jse will bottom towards the end of july...its time for the short term bull run
oi! Welcome back Tom. You've missed all the fun on this one. The 38.2% Fibo at 122 has been very kind so far. A long term uptrend must be broken if the price is to drop to the 50% support at 110. Where are your trigger points?