Founded by entrepreneur Brian Joffe in South Africa in 1988, Bidvest Group Limited is a well known international trading, services and distribution company which first listed shares for sale on the Johannesburg Stock Exchange (JSE) in 1990. The group either owns or has significant holdings in about 300 companies, with a portfolio of assets that spans five continents and an employee complement of just over 141 000 people worldwide.
Technicals
I don't believe that the full correction has completed as yet and expect to see a 61.8% Fib retracement from the low before there will be another wave to the downside. This correction will likely end after 3 waves but the possibility of 5 does exist. Once the correction is complete, there are very large targets to the upside.
Technicals
I don't believe that the full correction has completed as yet and expect to see a 61.8% Fib retracement from the low before there will be another wave to the downside. This correction will likely end after 3 waves but the possibility of 5 does exist. Once the correction is complete, there are very large targets to the upside.