VillageTraderZA

Nedbank looking bullish

Long
JSE:NED   NEDBANK GROUP LTD
Has the financials recovery started? Nedbank certainly looking bullish, up about 102% from the lows of March this year. Perhaps the MPC meeting could push financials one way or the other on the repo announcement today. The Fini index is also looking like the worst is behind us. Though the bearish sentiments aren't completely out the door yet. It's a "wait and see" from on the financials.

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