hitchcoxg

Tiger Brands Head & Shoulders?

Short
hitchcoxg Updated   
JSE:TBS   TIGER BRANDS LTD
Was this a H&S Pattern?
Maybe Load Shedding is impacting our Food Producers!
Will be interesting to see how the scenario plays out.
Regards Graham.
Comment:
According to a SENS announcement a Director NP Doyle purchased 10 000 shares @ R157 ea. = R1,57 Million showing confidence in a recovery.
As of todays price difference he is already up R60k.
Not bad for 2-3 days of investing.
Comment:
Interesting how the price has moved between the various Fibonacci levels.
R176 is the next target.
Only for those brave Investors.
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