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...