TraderT1307

Spar Group Trading down into an area of interest.

Long
JSE:SPP   THE SPAR GROUP LTD
Spar being punished on the back of results. Trading down into the 190 - 193 area which looks interesting to enter a long position.
Would suggest to drill down into an hourly chart to fine tune entry and look for an reversal in the 190 to 193 area. My upside target will be around 204. Stop loss will be a daily close below 185..

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