SteynTrade

JSE:IVT Invicta Some Space to Move

Long
JSE:IVT   INVICTA HOLDINGS LTD
In this difficult market, we can look at some weak stocks and look for some pullback to the overbought line of a downward trend. Invicta is looking has found support at the oversold line and 50 day MA. Although generally weak is looking to push higher and test the overbought line and 200 day MA. There has been some significant movement this morning indicating some action.

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