Pepkor Holdings: Bank/Take Profit - Monday, 16 September 2024
Sep 16, 2024
1 min read
Pre-Market
Ticker: PPH
Now trading +12%. Traders could look to bank/take profit as it approaches the measured move target.
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The share is looking to emerge from a consolidation range, with the measured move being 2323c. The setup is invalidated below 1897c. Last close: 1989c.
Note: The breakout could develop over a few days/weeks hence some patience may be required.
Lester Davids
Analyst: Unum Capital
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