ATTAC going to the Attic at R10.64Large Cup and Handle formed on Attacq.
It formed the Brim Level and then the price broke out of a Breakway gap into a new uptrend
7 >21>200 0 Bullish
RSI>70 - Bullish
Target R10.64
Breakaway gap
ABOUT
Attacq Limited (Founded in 2005 in Waterfall City, Midrand) is a South African-based real estate investment trust (REIT) that focuses on the development, investment, and management of real estate assets.
Attacq's main focus is on developing and managing mixed-use precincts, which are large-scale developments that integrate various elements such as residential, commercial, retail, and hospitality spaces.
The company's flagship development is the Waterfall City precinct, which spans over 1,000 hectares and is located between Johannesburg and Pretoria.
They have a diverse portfolio of properties that includes retail centers, offices, residential properties, and industrial properties.
The company operates in South Africa and other African countries such as Mauritius and Mozambique.
Jseatt
JSE:ATT ATTACQ Markdown Set to ContinueAfter breaking the trading range and retesting the breakout level the price has started the markdown. Currently, there is some consolidation but it is now testing the overbought line of the markdown. Expecting the markdown to continue once the test is completed.