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Trader-Dan

RCL FOODS - Accumulation zone

Long
RCL FOODS LIMITED (JSE:RCL)  
Trader-Dan  
JSE:RCL   RCL FOODS LIMITED
Support and Resistance Supply and Demand
4
0
supportandresistance supplyanddemand
RCL FOODS has pulled back to an area that i'm interested in and has started a consolidation / base.

Current PE : 8.7

Looking for a move back towards the 200 day moving average as first target

A close below R9.00 negates the idea

-- MANAGE YOUR RISK - -

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