PPC had a good run, and is now up against strong resistance at R3.44.There are multiple Bearish Engulfing candles on the weekly chart, and i suspect pullback to Fibonacci levels of at least 0.618. I will consider buying shares at these levels as shaded in green on my chart. If i were already in the trade, i would consider taking profits at this point. Unfortunately i am not. Stochastics show overbought positions, and i adjust my buying targets from R1.45 to about R1.60 from my previous chart.
