The stock looks set to break out of the channel and head for previous highs. The high inflation seems to bear no effect of the South African stocks. Expect the stock to reach profit levels 24087.
Saw that persons forecast and if you look at our analysis and theirs, you can see that maybe their conclusion was based on analysis through indicators. Our is market structure. Might be some PT but should it break that trendline, it's set for the level we expect it to reach.
samuelll77
⋅
time will tell of course and I hope you're right - I'm not a trader so always long, but interesting to see the various approaches - my gut feel was aligned to your thinking too ... oversold on the back of foreigners dropping SA stock and now consolidating