UPDATE: Bell Equipment ready to ring to the first target R20.54

Oct 31, 2023

We sent out a trade analysis on Bell Equipment. It formed a W Formation and I said the journey can be a long one as the main market remained sideways throughout the year.

Then in September after consolidation, we saw another breakout pattern showing more upside to come.

And since 11 October, the momentym has just been on the up. My first target remains at R20.54. Once it breaks up, we will most likely see it head to R30.00.

But I'll be here to let you know...