UPDATE: Transaction Capital target one hit at R6.88 next R11.50
After a difficult year, Transaction Capital finally hit the support at R4.00.
SInce then, the buying and demand has picked up greatly.
This lead to the first target being hit at R6.88. With the continuous upside momentum, we will most likely see the price head next to R11.50.
It's a long recovery for the company, but with new management in place and demand kicking in, we could see a strong rally before year end.
SInce then, the buying and demand has picked up greatly.
This lead to the first target being hit at R6.88. With the continuous upside momentum, we will most likely see the price head next to R11.50.
It's a long recovery for the company, but with new management in place and demand kicking in, we could see a strong rally before year end.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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