Peet_Serfontein

BVT: some slow upside potential?

Long
JSE:BVT   BIDVEST LTD
A price action above 20700 supports a bullish trend direction. Crossing below this level will negate the bullish stance.
Further trend support above 214.00
Consolidation price range from 21100 to 21800.
Crossing above 21700 might target 22800.
Crossing below 210000 will be the first sign of pending weakness.
Remains above its 200-day simple moving average, also su[porting a bullish trend.
Remains a risky trade.

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