Merafe Dividend payout caused a break in analysis

Merafe was easily set to great upside to R1.72

This was due to a Box Formation, Upside and Price above the moving averages.

But then 22 cents Dividend was given out which caused the share price to drop quite quickly.

So is the analysis still on? I guess it is as long as it hasn't hit the risk level.

But these are things to take into account and learn from.