Peet_Serfontein

TBS: range trading?

Long
JSE:TBS   TIGER BRANDS LTD
A price action above 15900 supports a bullish trend direction.
Further bullish confirmation for a break above 16400.
The target price is set at 16700.
The stop-loss price is set at 15800.
The grey shaded area created a range trading setup.
Remains a risky trade.

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