Trade Boxer Retail with Unum Capital.
To get started, email lester@unum.co.za
Some patience required, however, it appears to be on the move.
As always, traders could consider the following if/when the prices approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits.
Previous Post: Trade Idea: Buy Boxer Retail
Text on the image below: Buy Idea. Accumulate at current levels or better (lower). There is very little in terms of price data, however the price action is improving. There is also a potential break, out of the IPO range. This is a higher risk idea where small-than-average positions apply. Expect a consolidation, before a potential next move higher. As always, traders could consider the following if/when the prices approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits. Time stop: 11 July 2025.
Trading Levels:
Entry: 6799c
Target: 7800c
Stop-loss: 6345c
Previous Post (Friday 17 January): Boxer's Base Reminds Me Of ...
Boxer Retail is developing a base from it's IPO swing highs. At current levels, the share is trading at the upper end of the range and may be looking to emerge above the supply zone, which may set up a new leg higher.
Doesn't it remind you of the We Buy Cars IPO base?
Lester Davids
Analyst: Unum Capital
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