AWPEARCE1

INL - -1W - ANALYSIS

JSE:INL   INVESTEC LTD
The chart is still below the 200 day MA this shows bearisnes, Stochastics are overbought on weekly and daily charts. The engulfing bearish candle at the top also gives me a warning sign. i would not buy this stock at this time. Also forgot to mention the rising wedge which is negative.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.