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Innocentmaponde
Aug 13, 2021 9:38 AM

EOH Short

EOH HOLDINGS LTDJSE

Description

Price breaching the 6.00 neckline support of a descending triangle chart pattern.
Measured target is 3.00!
Comments
ZA-ANALYST
ZA-ANALYST
@responsibleSea48545, My opinion is that the levels will first drop to 560 and might even drop to 510 and 420. New listing on A2X, might affect this stock good or bad. Balance & income statement also not looking that great. Will see shortly what they're at. Might be a shocker and send the pricing straight down to 300, as you have mentioned. Latest news also a not good for EOH with regards to corruption matters.
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