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Maboko
Oct 25, 2023 6:52 PM
Momentum kicking in for the upside?
Long
JSE:SLM
1D
SANLAM LIMITED
JSE
Description
⋅
Oct 25, 2023 6:52 PM
Since December 2022 Sanlam has been in a steady upward movement. The MACD is making a bullish crossover and the share is +-12% higher than the 200-day SMA, confirms the direction for long.
Direction: Buy
Target: R70.96
Stop loss: R62.71
Risk/Reward: 1.5
Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.
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