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KoosKanmar
Sep 29, 2021 12:22 PM

$EOH Cup and handle Long

EOH HOLDINGS LTDJSE

Description

Interesting looking cup and handle formation on EOH. Possible targets if the neckline hold is 723 and 799.

Trade closed: target reached

Comments
ZA-ANALYST
Been listening to podcasts from Simon Brown and updates as follows: EOH back to operating profit (125-175 MillionZAR). Losses in 2019 3.3Billion and 2020 1.3Billion. Seems Stephen van Coller turning things around at EOH, but still a long way to go with EOH being the poster child with regards to the blacklisting saga & corruption matters. My opninion is that I don't think EOH is an good investment overall, rather look into peer companies such as Datatec(DTC). Just my 2cents.
ZA-ANALYST
Lekker Koos, I agree!
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