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Peet_Serfontein
Aug 22, 2023 6:00 AM

GND: trending higher? Long

GRINDROD LTDJSE

Description

A price action above 970 supports a bullish trend direction.
Increase long exposure for a break above 1000.
The first target is at 1020 (78.6% Fibonacci retracement level).
The second target is at 1050.
Stop-loss is at 960.
Testing its 200-day simple moving average, which might act as major support.
Earnings are due on 25 August 2023.
Comments
Mihai_Iacob
In GND case, there is a good perspective for a rise. Thanks for sharing your work.
hitchcoxg
Good One. Any Ideas on Grin Ship?
GeorgeOnTV
Amazing post on GND thanks for that mate.
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