VillageTraderZA

Coronation looked good to break into the 5200c - 5600c box.

Long
JSE:CML   CORONATION FUND MNGRS LD

Coronation looked good to break into the 5200c - 5600c box. I’m waiting for a close above the 5275c multi year high. The last time we closed above this level was in April 2019. When we get a close above this level. I will add to my position. As this means the stock has cemented itself in the 5200c - 5600c. Then pull my stop loss order to 4880c from 4722c.


Trade Summary 22 March 2021
Average entry: 4925c
Position size: 47.3
Stop loss: 4722c
Risk: -9602c
Risk%: -1.15%

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