Trader-Dan

ADVTECH - Look to buy Pullbacks

JSE:ADH   ADVTECH LTD
Another stock in an upward trend which released results well received by the market.

Price has been in a period of consolidation and has now broken upwards. Pullbacks towards the rising 20ema will be welcome areas to accumulate or add to an existing position. RSI is quite overheated here but can remain so for a while in a stock that is strong.

Bulls are firmly in control while the R17 pivot is intact.


Penafian

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