VillageTraderZA

Looking ready to move to the R52 - R56

Long
JSE:CML   CORONATION FUND MNGRS LD
Coronation
Position
Average entry: R49.25
Stop loss: R47.22
Quantity: 47.3
Risk: -R96.02 (-1.32%)

The stock has been moving nicely currently in the R44 - R52. We are looking to add to my position as the stock moves to the R52 - R56. At the moment R48.62 looks like a good place to put my stop. Which will reduce the current risk exposure to about R30 (0.4%) of my balance. Giving me freedom to add an additional 2% risk to the trade.

Comments

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