VillageTraderZA

ARI holding uptrend support

Long
JSE:ARI   AFRICAN RAINBOW MIN LTD

African Rainbow Minerals
Position
Average entry: R271.10
Stop loss: R258.57
Quantity: 8
Risk: -R100.24 (- 1.38%)

The stock is currently just dancing in the R265 - R 303 box. Waiting for a to break the R303 - R345 box. I’m placing a buy entry at 306.80, just above the R306.78 multi week high. With a stop loss at break even at R271.10 for now. This may change, I may move the stop loss and adjust the position size accordingly

Comments

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