Mustek has formed a W 1st Target - R19.09 New name W-ustek!

Mustek has formed a W Formation and had broken up and out of the neckline
7>21 (Bullish) and Price >200 SMA (Green)
RSI>50 and plodding nicely up (Green)
Bullish momentum
Target R19.09

GENERAL COMPANY INFO
Mustek operates in the technology and electronics sector and is one of the largest distributors of IT products in South Africa.
The company's product portfolio includes computer hardware, software, and consumer electronics.
You'll find a whole bunch of top brands at Mustek shops including Acer, AOC, ASUS, Brother, Canon, Dell, Epson, Fujitsu, HP, Lenovo, Lexmark, LG, Samsung and many more.
The company has a number of subsidiaries, including Mustek Systems and Mustek PowerSure.