VillageTraderZA

Nice bullish flag breakout into a higher box

Long
JSE:CML   CORONATION FUND MNGRS LD
Position

Average Entry: R49.25
Quantity: 47.30
Stop loss: R47.22
Risk: -R2.03
Current Risk ZAR: -R94.02

I’ve been in the trade for some time now. The stock is looking good piling up the boxes on the way up. Currently looking to break to the R51 - R58 box from the R44 - R51 box. We have a nice looking bullish flag on the stock at the top of the R44 - R51 box. When the stocks breaks the flag into the higher box I will add to my position.

Comments

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