Choice to be made?

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Derek  1 Sep 2017


All idices are positive from West to East this morning! I show the DOW and notice the divergence on the graph and that FrontRunner is above its moving average.

JSE Technical:
The choice to be made is between Steinhoff's 48% growth in sales the last 9 months or the old pending investigation on tax avoidance allegations? I show the graph and you can see where the big sell off was.

Mondi Plc has been hesitating against top resistance, but the bottom trend remains positive. Is it going to break top resistance this time?

You must have a great weekend!
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