MOTUS breaking out of a 18 month DOwntrend

As of this week, Motus is finally breaking up and out of the 17 month downtrend.

It's also forming either a Triple bottom of Inverse Head and Shoulders.

Once the price breaks above the neckline, we could see a strong move up.

Price>20MA
Price>200MA

Bullish bias with a target of R144.77
ALSICARChart PatternsFundamental AnalysisjsemotussouthafricaTrend Analysis

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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