$JSEBVT Bidvest stuck in a BOX. To resist again?

9 Nis 2019

Bidvest has been trading in this box since November last year with two failed breakouts on both the upper and lower end. Other than those two fake breaks, action has been contained pretty much between R192 - R210. Without any positive news flow in the next couple of days/weeks there is a good chance this R210 level could resist again. If we see a reversal off R210, look for a retest of the lower end of the box and a closure of the gap at R193.50.