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Timonrosso
Mar 15, 2023 2:29 PM

UPDATE: PPC Diamond Formation formed after consolidation Long

PPC LIMITEDJSE

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W Formation formed previously as you saw.
And the signs were all bullish with MAs and RSI
But then there was a consolidation period forming a Diamond Formation, breaking down.
I guess, my bias is in a way changing to down - but I'm not convinced.
Even with the bank collapse, resource crash and crypto exchange debacle - PPC is holding quite solidly.
I will keep my target at R4.29
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