responsibleSea48545

NPK CUP AND HANDLE FORMATION

JSE:NPK   NAMPAK LTD
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1
Cup & handle possibly to form within the next few weeks on NPK , with resistance at red lines as shown (50, 100, 200 MA's). We are looking at a breakout the purple line within the next 6 months (R5.00).
Short term to medium term idea.
Ideas posted are my opinion and not to be regarded as trading advice. Trade with care as this is quite a high risk move, should you invest.
Happy trading.
Comment: Nampak doing good so far...Looking for that R5 level!