Cup and Handle has officially formed on the daily chart.
This was confirmed by the bulls that there is upside to come when the price stayed above the 200MA.
Now once we get our breakout, we'll be more inclined for further upside and demand.
Target R36.02
ABOUT THE COMPANY:
Foundation and Listing:
Hyprop Investments Limited was founded in 1987 and is...
C&H has formed on the daily with the price breaking above the brim level.
Property market in SA is shining and we are seeing this with a couple of stocks.
Other indicators confirm upside including:
7>21
Price>200
RSI>50
Target R36.35
ABOUT THE COMPANY
Hyprop Investments Limited is a South African-based real estate investment trust (REIT) that focuses on...