NAMPAK - Bazooka 🚀

NAMPAK LTDJSE

Description

⋅ Oct 1, 2020 5:00 AM

- Massive move on the share yesterday after a trading update.

Investors who were accumulating on the 18th of September (big volume spike) must be smiling!

JSE:NPK

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Comments

GOVENDLO

⋅ Oct 2, 2020 3:14 PM

Hi , Thanks for the analysis.
Where do you see this share price in the next two months.

Trader-Dan

⋅ Oct 3, 2020 3:46 AM

@GOVENDLO, Its anyone's guess right now. If not already in a postion that you can trail using a trend indicator, its best to wait for some price structure to trade off.

BPIguy

⋅ Oct 1, 2020 7:57 AM

HI, another big increase today. do you think it is too late to buy in?

Trader-Dan

⋅ Oct 1, 2020 7:59 AM

@BPIguy, Proper! It would be risky , unless you trading it intraday and have a tight stop loss