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
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)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)