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Peet_Serfontein
Mar 11, 2024 7:35 AM

TFG: building higher Long

THE FOSCHINI GROUP LIMITEDJSE

Description

A price action above 10900 supports a bullish trend direction.
Further bullish confirmation for a break above 11200.
The target price is set at 11700.
The stop-loss price is set at 10400.
Remains above its 200-day simple moving average, supporting a bullish underlying trend.
The share appears to be in a mark-up phase out if the market cycle analysis. Such a scenario might support a bullish underlying trend.
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