hitchcoxg

AFT.JO Prints an IH&S Pattern 1 Year Study.

Long
hitchcoxg Updated   
JSE:AFT   AFRIMAT LIMITED
Afrimat has printed an Inverse Head and Shoulders Pattern.
I know the Shoulders are small & Cute!
In this 1 Year Study Analysis I've Switched to a simple line Chart as to easily depict the Pattern.
The Chart Depicts the possible Upsides.

As always get a few Experts Advice before making any Investments or Trade decisions.
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Prosperous Investing for 2024 to All.
Regards Graham.
Comment:
Sudden Drop in Iron Ore Prices Hurts these Type Miners.
Comment:
This might have Invalidated the Prior Pattern.
However if the Price returns to R66 area, then a larger Cup and Handle will be formed.
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