Peet_Serfontein

BHG: speculative long?

Long
JSE:BHG   BHP GROUP LIMITED
A price action above 55200 supports a bullish trend direction.
Crossing above its 200-day will act as further bullish support.
Increase long exposure for a break above 56400.
The target price is set at 58300 (its 50% Fibonacci retracement level).
The stop-loss is set at 53200.
The trade idea is regarded as a high-risk speculative trading opportunity.

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