Merafe ready for further upside to R1.66

7 ก.พ. 2023

New Cup and handle has formed on Merafe as well as a strong uptrend channel.
Target 1 at R145. Target 2 R1.66
Price is about to cross above the 200MA as it is preparing for upside.
Bullish bias but will need the price to break above the 200MA before any action to be taken.