PPC trade update - still looking good for a long to R4.29

W Formation is still in effect with PPC.
7>21 - Bullish
Price > 200MA Bullish
RSI>50 >70- Bullish
Target R4.29

This is a patience game now.

Here's some facts about the company

PPC Limited was founded in 1892 as De Eerste Cement Fabrieken Beperkt and is headquartered in Johannesburg, South Africa.

PPC is the acronym for Pretoria Portland Cement, which is the original name of the company.

The company operates in six African countries, including South Africa, Zimbabwe, Botswana, Rwanda, Ethiopia, and the Democratic Republic of Congo.

It produces a range of cement products, including Portland cement, Surebuild, Rapid Hard, and 3Q Mahuma, which are used in a variety of construction applications.

The company has a strong focus on sustainability and has implemented a range of initiatives to reduce its environmental impact and promote social development in the communities where it operates.

It has a market capitalization of over ZAR 2 billion as of March 2023.