Transnet is a monopoly and pays not bad dividends, is in good health and has a high net worth. It is state-owned. Could be a nice long-term stock to have.
It is a low risk / low return trade (RW ration is 2).
Risk exposure is slightly above my threshold 0,6% of total portfolio and company exposure is 7% (lots are expensive)
Trade horizon: until the end of the year (6 months)
Exit strategy: 100% at TP and then upon confirmative PA short the stock
It is a low risk / low return trade (RW ration is 2).
Risk exposure is slightly above my threshold 0,6% of total portfolio and company exposure is 7% (lots are expensive)
Trade horizon: until the end of the year (6 months)
Exit strategy: 100% at TP and then upon confirmative PA short the stock
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🌏 energeiacharta.com
⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts