We have a nice Cup & Handle pattern on Truworths. The 30w EMA looking to cross the 60w EMA. Now I’m waiting for a break above 5000c. Then I’ll take a long position on the stock
Note
PositionAverage Entry: R50.39
Quantity: 26.5
Stop loss: R44.36 (-R6.03 risk per share)
Profit/Loss if stop is hit ZAR: -R159.80 (-2.04%)
Waiting for a close above R51
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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.