AcolyteTrader

Long idea on MUR

Long
AcolyteTrader Updated   
JSE:MUR   MURRAY & ROBERTS HLDGS
MUR poised to breakout of this rectangle with unusually high volume transaction in recent days. Short term target 11bucks with 1176 being a longer term target if you taking profits. Manage your risk as the long term trend is still down.
Trade active:
Price has now breached the limit and headed for next level at 1300.

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