They are down nearly 40% since its peak in March 2022. This pullback mirrors similar trends observed in other South African Inc stocks. Currently, the share price has retreated to the lower trend line that has been established since 2022, finding support at R86.50. This pullback may potentially position the stock for a rebound.
Our Entry: R88.00
There are some concerns to consider:
- Upcoming earnings around the 13th of May
- Elections scheduled for the 29th of May
Our Entry: R88.00
There are some concerns to consider:
- Upcoming earnings around the 13th of May
- Elections scheduled for the 29th of May