KoosKanmar

$JSEBVT Bidvest Stuck in a channel for now

JSE:BVT   BIDVEST LTD
Bidvest seems to be stuck in a channel between 13000 and 17100. It looks like a bull flag is developing within that channel. Watch for a break of the flag pattern and then a break of the 17100 level. Once that 17100 level is breached and momentum can keep it above that level, a 18600 target is possible. Wait for the break of 17100 . No position.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.