SteynTrade

JSE:IVT Invicta Breaking Down Trend

Long
JSE:IVT   INVICTA HOLDINGS LTD
Invicta has moved up from the bottom of the downtrend which we followed - see link below. After breaking the downtrend some consolidation has taken place but after a spring and some volume the consolidation above the downtrend price has broken higher and we can accept that the downtrend has been broken and we are looking for a markup to higher prices.

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