PurpleJSE Is printing a Smiley Face PatternPurple Group was a Dog and if Investors sold they lost.
You will see from the history Charts.
However, as scenarios go they can recover.
Here the timing is important.
The MD Mr Savage is listening to his clients and the platform is improving to date.
I have tried to negotiated with Trading View and the Purple Group in the past to provide Easy Equities users a discounted entry price, without a reply from Purple to date.
But Kudos to the Purple Group as the platform is looking way better.
I personally have many suggestions insofar as automatically updating ones local stored data base so that one can manage our own data.
Purple Group is now Printing a Smiley Face Pattern which is positive. I.E Rounding bottom. These patterns can form a Cup and Handle also. Time will tell.
The recent earnings report and subsequent analyst show that this stock can achieve R1.75 in the next 12 months as an expectation offering a potential 40% Upside.
As always if you are unsure please consult with your own personal investment Advisor before making any Trades or Investments as most are 12 months or more views.
Should you like my comments and chart studies - please smash that like button. It's just a click away.
Regards Graham
