Timonrosso

PPC major Cup and Handle with target to R4.40

Pembelian
JSE:PPC   PPC LIMITED
PPC hit our initial target at R3.50.

It then confirmed a breach above the neckline from the larger cup and handle formed since March 2023...

Now there is a slight consolidation before the upside to continue.

We see the moving averages are perfectly aligned where 7>21>200

And the RSI>50 and making higher lows.

New target will be at R4.40

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Pernyataan Penyangkalan

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