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Trader-Dan

AECI - Long IDEA

Long
AECI LIMITED (JSE:AFE)  
Trader-Dan  
JSE:AFE   AECI LIMITED
Support and Resistance Fibonacci
0
0
supportandresistance fibonacci
The stock has been consolidating over several weeks (possibly stage1) .
While it remains above R85 on the daily , I'll be looking for a breakout to the upside through the 200ema to target R98.80 initially.


P:E 7.65
Dividend yield of 6.31%


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