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Peet_Serfontein

BID: some upside potential?

Long
BID CORPORATION LTD (JSE:BID)  
Peet_Serfontein  
JSE:BID   BID CORPORATION LTD
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
A price action above 40400 supports a bullish trend direction.
Increase long exposure for a break above 41400.
The target price is set at 42900.
The stop-loss price is set at 38900. Negate the bullish stance for a break below this level.
The upward sloping linear regression channel supports a bullish trend direction.
Remains a risky trade.

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