RobbyP

PEP- On Support

Long
RobbyP Updated   
JSE:PPH   PEPKOR HOLDINGS LTD
Now making it's sixth attempt at support after Steinhoff sold of more of their holdings, this one looks ripe for the pickings. getting very over-sold in the short term could mean that a bounce is imminent. I think it offers good value near R19.00 for a bounce back into the 20's. At these levels, one could quite easily place a stop loss just below that support line in case this one goes against you.
Trade closed: stop reached
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