Timonrosso

AECI extending target further down to R86.51

Short
JSE:AFE   AECI LIMITED
SInce the price broke below the Inv C&H, it's been moving first sideways and then it succomb.

The price is below 20MA and still above 200MA.

We expected the price to head to 200MA which it did.

Then broke below and to the next support it goes to R86.51.


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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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