Trader-Dan

FOSCHINI - Trendline

Long
JSE:TFG   THE FOSCHINI GROUP LIMITED
- Price has returned to the daily trendline support zone and 50 day moving average

- This is a good area to add to any long position or to initiate a new trade on any intraday pull back

- A daily close below R109 would be viewed as bearish and negate the long bias

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.


Trader-Dan