Investec looking strong for upside to R126.66
W Formation formed (small but evident).
The price has broken above the neckline, showing strong buying and demand.
The indicators look good for upside on the peripheral.
7>21 - bullish
Price>200MA
RSI>50
1st Target R126.66
ABOUT:
Investec Limited was founded in 1974 and is headquartered in Johannesburg, South Africa.
Investec is a diversified financial services company, offering a range of products and services including asset management, wealth management, and specialist banking.
The company operates in three main geographies: South Africa, the United Kingdom, and Australia.
Investec has a strong reputation for innovation and has been recognized for its entrepreneurial approach to financial services.
In 2020, Investec had a revenue of ZAR 23.3 billion (approximately USD 1.7 billion) and employed over 10,000 people worldwide.
The price has broken above the neckline, showing strong buying and demand.
The indicators look good for upside on the peripheral.
7>21 - bullish
Price>200MA
RSI>50
1st Target R126.66
ABOUT:
Investec Limited was founded in 1974 and is headquartered in Johannesburg, South Africa.
Investec is a diversified financial services company, offering a range of products and services including asset management, wealth management, and specialist banking.
The company operates in three main geographies: South Africa, the United Kingdom, and Australia.
Investec has a strong reputation for innovation and has been recognized for its entrepreneurial approach to financial services.
In 2020, Investec had a revenue of ZAR 23.3 billion (approximately USD 1.7 billion) and employed over 10,000 people worldwide.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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