Timonrosso

PPC M Formation ready to break down to R2.37?

Short
JSE:PPC   PPC LIMITED
M Formation has formed on PPC since November 2023.

This is a very risky trade analysis due to the high volatile nature of the share.

But if the uptrend holds strong and lower highs continue, we could see a very big fall with the cement company.

Medium Probability Trade
Price<20 and Price <200MA

Target R2.37

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