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Peet_Serfontein
Oct 18, 2021 6:47 AM

PPC: throwback possible? Short

PPC LIMITEDJSE

Description

In overbought territory - confirming an overextended price action to the upside.
RSI therefor leaves enough room for further downside potential.
Upside momentum peaked - also supporting a bearish trend.
A price action below 600 supports a bearish trend.
Comments
John2506
@Peet_Serfontein , can you maybe give us an update here sir?
Peet_Serfontein
@John2506, Apologies for the delayed reply. Reached the downside target as well. See S3 at 360. I would regard the price action as complete as illustrated by the roadmap in green and red.
John2506
@Peet_Serfontein, Thank you!
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