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
Entry: 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