markfair

NED SJ - Top of channel range

JSE:NED   NEDBANK GROUP LTD
Worth keeping an eye on NED as it approaches the top of its 1 year consolidation channel range.
Difficult to imagine it breaking out given the weak SA backdrop but maybe the latest results, share buyback and massive corporate renewable energy loan advances will be enough to trigger the breakout.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.