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AWPEARCE1
Nov 26, 2022 9:56 AM

BVT - 1W - BIDVEST Long

BIDVEST LTDJSE

Description

Bidvest has had a strong run. I see a Head and Shoulder pattern formed all the way from April 2019, and a possible cup and handle formed from March 2022. Both bullish formations. I will wait for a breakout and for the resistance level to change into a support, as this share has been trading in a sideways range for a long time. My first target will be R163.
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