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TraderT1307

Bidvest Retest of Breakout Zone and Possible Cup and Handle

Long
BIDVEST LTD (JSE:BVT)  
TraderT1307  
JSE:BVT   BIDVEST LTD
Chart Patterns Trend Analysis
3
1
chartpattern trendanalysis
Bidvest seems to be testing the breakout zone in the 170-172 area and might be forming a cup and handle formation.
I am nibbling long here and should the price be able to push above 176 my first upside target will be 182. If 182 can be overcome the full target would be 195.
Will use a tight stop of daily close below 167.
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