Timonrosso

OCEANA swimming to our target of R76.00

Long
JSE:OCE   OCEANA GROUP LTD
Since our last Trade Update with Oceana, the market is still on track to R76.00.
The Quazimodo Inv Head and Shoulders seems to be working, but taking its damn time.
Also we have stronger bullish confirmation signals like
7>21
Price >200
RSI >50
All great signals for upside momentum

Here's general information about Oceana.
Oceana (founded in 1887 and headquartered in Cape Town) is the largest fishing companies in South Africa and largest fish canned company.

It is involved in the harvesting, processing, and marketing of fish and fish products. They operate a fleet of over 20 vessels and exports products to over 50 countries world-wide.
The company's main species of fish include hake, sardines, and anchovy. And is involved in fishmeal and fish oil production.
Their main brands are Lucky Star, Oceans, and Klipkop.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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