Mr price looking like its moving to a higher box
Note
Trade Summary 11 April 2021Entry: R189.16
Stop loss: R176.40
Risk per share: -R12.76
Quantity: 12.9
Risk ZAR: -R164.60
Risk: -2.03%
The stock has been looking good for a minute now. Supported by some pretty good acquisitions recently. Mr Price is amongst the better clothing retailers in our maret along with TFG. I’m looking for a close above 20250c which would be a 52 week high close. Then I will add to my position. I’ll trail my wtop loss to around 19000c. The stock recently broke a strong monthly resistance level
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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.