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Timonrosso
Jan 3, 2024 9:57 AM

PPC major Cup and Handle with target to R4.40 Long

PPC LIMITEDJSE

Description

PPC hit our initial target at R3.50.

It then confirmed a breach above the neckline from the larger cup and handle formed since March 2023...

Now there is a slight consolidation before the upside to continue.

We see the moving averages are perfectly aligned where 7>21>200

And the RSI>50 and making higher lows.

New target will be at R4.40
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