Since the last update, the W Formation formed, price broke up.
And the buying commenced again.
It was a long wait, but now it seems like this paper train is ready to run up.
Enough corniness, but we need the momentum to pick up a bit more before the price falls into the range.
I'm happy with this analysis and sound risk level.
7>21 - Bullish
Price>200 -...
W Formation has formed on Nampak.
The price has broken up and is showing it's reached a bottom and buyers will start piling in here.
Otehr indicators confirm.
7>21 - Bullish
Price>200 - Bullish and it's the first time in MONTHS since we've seen the bull crossover.
RSI>70
Target 1 will be to R494.59
ABOUT THE COMPANY
Packaging Solutions:
Nampak is a...
