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Southafricajse

Bell Equipment ready to rocket to R20.54W Formation formed on the daily. We have had a recent breakout and it's been a weird one. Due to the illiquid nature of the share, the wicks are quite large. So I've incorporated both wicks and bodies to the W Formation in this case. Other signals point upside: 7>21>200 RSI>50 Target 1 will be to R20.54 ABOUT THE COMPANY Bell Equipment is a South African company renowned for its design, manufacturing, and marketing of equipment used in construction, mining, and other industries. Founding: Bell Equipment was founded in 1954 by brothers Irvine, Malcolm, and Peter Bell. Headquarters: The company is headquartered in Richards Bay, South Africa. Global presence: Bell Equipment has a global footprint with strong distribution networks throughout Africa, Europe, the Americas, the Middle East, and the Asia-Pacific region. Public Listing: Bell Equipment is listed on the Johannesburg Stock Exchange (JSE). Bell ADTs: Bell is most notably known for its Articulated Dump Trucks (ADTs), recognized for their innovative design and reliable performance. They are a leading brand in this field worldwide. Diversified products: Besides ADTs, the company produces a wide range of machinery, including loaders, haulers, tractors, and backhoes, for applications in construction, mining, forestry, waste handling, and agriculture. Bell Equipment's products are used worldwide: The company's machinery is used in over 80 countries worldwide.
JSE:BELLong
by Timonrosso