PPC LIMITED

PPC analysis

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PPC lifting off by 200%+ from a low of 50c per share. Currently heading towards a resistance at R 1.80. What happens at this resistance line will determine if the share price continues to rise or turn into a dip. It came close but there was a bit of a reluctance to hit this price point and thus it rests on R1.57. Safe to say this can be seen as a peak and safer to make a decision whether to buy when/after the R1.80 price point is reached. As per previous information available on the charts, when PPC dips, it dips big! Its safer to wait for that dip.

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