Investec looking strong for upside to R126.66

W Formation formed (small but evident).
The price has broken above the neckline, showing strong buying and demand.
The indicators look good for upside on the peripheral.
7>21 - bullish
Price>200MA
RSI>50
1st Target R126.66

ABOUT:
Investec Limited was founded in 1974 and is headquartered in Johannesburg, South Africa.

Investec is a diversified financial services company, offering a range of products and services including asset management, wealth management, and specialist banking.

The company operates in three main geographies: South Africa, the United Kingdom, and Australia.

Investec has a strong reputation for innovation and has been recognized for its entrepreneurial approach to financial services.

In 2020, Investec had a revenue of ZAR 23.3 billion (approximately USD 1.7 billion) and employed over 10,000 people worldwide.