Cup and Handle has formed on Aveng after a long term downtrend.
The price has broken above the brim level and so momentum is leering up.
Price = 200MA
RSI>50
Target R11.28
ABOUT THE COMPANY
Aveng Group is a diversified infrastructure and engineering company based in South Africa.
Diversified Operations: '
Aveng Group is involved in various sectors, including construction, engineering, mining, manufacturing, and steel.
Establishment:
The company has a long history, dating back to its establishment in 1944.
International Presence:
While based in South Africa, Aveng has expanded its operations internationally, with projects and subsidiaries in other African countries and beyond.
Construction Expertise:
Aveng is known for its expertise in construction and infrastructure development, undertaking projects such as roads, bridges, and buildings.
The price has broken above the brim level and so momentum is leering up.
Price = 200MA
RSI>50
Target R11.28
ABOUT THE COMPANY
Aveng Group is a diversified infrastructure and engineering company based in South Africa.
Diversified Operations: '
Aveng Group is involved in various sectors, including construction, engineering, mining, manufacturing, and steel.
Establishment:
The company has a long history, dating back to its establishment in 1944.
International Presence:
While based in South Africa, Aveng has expanded its operations internationally, with projects and subsidiaries in other African countries and beyond.
Construction Expertise:
Aveng is known for its expertise in construction and infrastructure development, undertaking projects such as roads, bridges, and buildings.
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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)