KoosKanmar

$JSEHYP Hyprop. Channel break

Long
JSE:HYP   HYPROP INV LTD
Hyprop has been trading between 1550 & 2500 since COVID news broke. It broke out of this channel with a channel retest on vaccine news. Unloved sector and the reason why there seems to be quite a bit of upside here. 4000 looks like a likely target. Stop loss with a break back into the channel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.