Trade Summary 11 April 2021
Entry: R377.01
Stop loss: R368.88
Risk per share: -R8.13
Quantity: 15.8
Risk ZAR: -R128.45
Risk: -1.59%%
We have a nice cup and handle pattern on the stock. I’m looking for a break above the neck line. A close above 39350c. I will add to the position and trail my stop to around 37590c. The stock seems to have shrugged off the dividend adjustment.
Entry: R377.01
Stop loss: R368.88
Risk per share: -R8.13
Quantity: 15.8
Risk ZAR: -R128.45
Risk: -1.59%%
We have a nice cup and handle pattern on the stock. I’m looking for a break above the neck line. A close above 39350c. I will add to the position and trail my stop to around 37590c. The stock seems to have shrugged off the dividend adjustment.
Note
PositionEverage Entry: R377.01
Quantity: 15.8
Stop loss: R366.80 (-R10.21 reward per share)
Profit/Loss if stop is hit ZAR: -R161.32 (-2.06%)
Waiting for a close above: R393
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.
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.