AcolyteTrader

Long idea on $LEW

Long
JSE:LEW   LEWIS GROUP LTD
Price has tested a key technical SR level at 4800. Bullish divergence indicating a continuation of the trend. A long position can be initiated if price closes >4810. The trade should be monitored as the price approaches the EMA200 on the monthly chart. Stock is also overbought on the monthly chart and liquidity is an issue. As always manage your risk

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