AECI LIMITED
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AECI extending target further down to R86.51

SInce the price broke below the Inv C&H, it's been moving first sideways and then it succomb.

The price is below 20MA and still above 200MA.

We expected the price to head to 200MA which it did.

Then broke below and to the next support it goes to R86.51.

aeciALSIChart PatternsexplosivesFundamental AnalysisjsesouthafricaTrend Analysis

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