This one is a slow mover and sometimes suffer from low liquidity, but despite that it's been moving in the right direction for the that couple of months. Bull flag break target would be 11680.
FTSE/JSE All Share Top5 oversold/overbought according to 14day RSI indicator as follow:
Oversold:
PPC 25
Hyprop 25
Telkom 25
Woolworths 26
Advtech 26
Overbought:
Omnia 86
Astral 78
Vukile Property 75
Sirius Real Estate 75
AECI 72
Spending some time on AECI. This remains one of my favorite Value stocks on the JSE. On 6 July 2019, I brought out a long...
After trading sideways for a while the trend on AECI seems to be turning bullish,could wait for a deeper pullback before entering or start building a small position from now...Either way manage risk,
FTSE/JSE All Share Top5 oversold/overbought according to 14day RSI indicator as follow:
Oversold:
Tongaat 12
Tsogo Sun 17
Netcare 22
Omnia 26
AECI 31
Overbought:
EoH 74
Allied Electronics 73
Famous Brands 69
Nampak 67
Lonmin 67
Spending some time on AECI . This could be one of my favorite SA Inc/Value stocks on the JSE. A company trading below a...
AECI currently one I’m watching very closely. Share price little bit under pressure lately, which currently look good for an entry point. AECI is a South African-based explosives and chemical specialty company. The company is engaged in offering a range of products and services to customers in the mining, manufacturing and agricultural industries. Could be...
A smaller inverted head and shoulders with a first target of 10500 (reached) has now made way for a larger head and shoulders with a target closer to 12000. Neckline break 10500 will confirm.
AECI delivered a brilliant set of results yesterday. An inverted head and shoulders formed and if the neckline 9500 goes, 10500,10800 would be the likely next targets
