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Timonrosso

UPDATE: PPC shows upside still with a warning

Long
PPC LIMITED (JSE:PPC)  
Timonrosso  
JSE:PPC   PPC LIMITED
Chart Patterns Trend Analysis Fundamental Analysis PPC southafrica jse ALSI alsi40
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chartpattern trendanalysis fundamental ppc southafrica jse alsi alsi40
Cup and handle formed on PPC from our last update.
The price broke above and went up very nicely.
The chances of it going up are still higher but we need to be warned with the JSE ALSI 40 choosing a direction down...
7>21>200
RSI>50
Target remains at R3.55
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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