Nampak has formed a long term (on the weekly timeframe) declining wedge that has been broken and the mark up has been started. We have seen above-normal volume on the stock, a break of the base that was formed since early 2020, signs of strength (SoS), backup (BU) to the trading range, markup and now a reaccumulation at the yearly pivot point. The volume indicates that we can expect a next step higher in the markup.
@SteynTrade, NPK is a Take over Target !! -- Balls Inc is burning their ass, giving production to NPK -- Like the corona Virus, Ball Inc is all over the world ------ Except for ....... , you guessed it Africa !!!
good