Bidcorp has been one of the stronger names on our market with the target 1 zone being reached (R408) since we took the breakout at R336 .
Price is up against strong resistance here and so we will likely see some consolidation or a deeper pullback to the 50dma. If bulls are able to push R408, one can target R450.
Price is up against strong resistance here and so we will likely see some consolidation or a deeper pullback to the 50dma. If bulls are able to push R408, one can target R450.
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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.