PBT Group (PBG)
Graeme looks at PBG group moving into Stage 2
![PBT Group (PBG)](/content/images/size/w1200/2021/08/EQU.ZA.PBG.png)
![](https://stockpicks.co.za/content/images/2021/08/image-3.png)
PBG confirming the formation of a stage 2 Medium-Term trend-line. Now retreating into a buying area, circled. The horizontal blue dashed line represents NAV, and confirms the market's assessment that this is now a growth stock, therefore valued above NAV. Trading nicely above a rising 200ma.
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