UPDATE Nampak is heading on upa paper trail

By Timonrosso
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 - Bullish
RSI>70

Target remains at R494.59
ALSIChart PatternsFundamental AnalysisjsejsenpknampaksouthafricaStocksTrend Analysis
Timonrosso
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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