VillageTraderZA

Transaction looking good to break to a higher box

Long
JSE:TCP   TRANSACTION CAPITAL LTD
Trade Summary 11 April 2021
Entry: R27.03
Stop loss: R26.5
Risk per share: -R0.53
Quantity: 159.4
Risk ZAR: -R84.48
Risk: -1.04%%

The stock has been looking bullish for a minute now. Breaking into higher boxes with relative ease. It broke a significant monthly level as well. The stock is looking to break to a higher box. I’m looking for a close above 3100c then I will add to my position, and trail my stop loss to around 2790c level.

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