Update: The share moved lower immediately, giving traders a 500c move before reversing higher and testing the stop-loss.
As noted in the original idea: "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."
To trade, or open a new account, contact the Unum Capital Trading Desk:
E-Mail: tradingdesk@unum.co.za | Call: 011 384 2923
The original idea (26 June 2024) is shown below:
Lester Davids
Analyst: Unum Capital
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