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Peet_Serfontein

PPC: strong downside momentum

Short
PPC LIMITED (JSE:PPC)  
Peet_Serfontein  
JSE:PPC   PPC LIMITED
Trend Analysis Chart Patterns
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trendanalysis chartpattern
A price action below 370 supports a bearish trend direction.
Strong downside price momentum supports the bearish trend.
Target: 300 (lower range of the Bollinger bands).
Stop-loss: a break above 370.
MACD bearish crossover.
This suggests a strong trend gaining strength.
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