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Trader-Nazeer

PICK n PAY - Up against resistance

Short
PICK N PAY STORES LTD (JSE:PIK)  
Trader-Nazeer Updated   
JSE:PIK   PICK N PAY STORES LTD
Support and Resistance Candlestick Analysis
10
0
supportandresistance candlestick
- Retailers have had a decent relief rally of late

- Price is up against the down trendline

- Possible scenario is it sells off from here or consolidates first then weakens

- A close above R70 negates the view (rather use a wider stop loss + smaller position with this current volatility)

-- MANAGE YOUR RISK - -

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

PIK
Trade closed: target reached
-- MANAGE YOUR RISK - -

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

hey dan, after you recover your account please message me on instagram: @n4z.op
Disclaimer

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