VillageTraderZA

We have a nice Cup & Handle on TRU

Long
JSE:TRU   TRUWORTHS INT LTD
We have a nice Cup & Handle pattern on Truworths. The 30w EMA looking to cross the 60w EMA . Now I’m waiting for a break above 5000c. Then I’ll take a long position on the stock
Comment: Position

Average Entry: R50.39
Quantity: 26.5
Stop loss: R44.36 (-R6.03 risk per share)
Profit/Loss if stop is hit ZAR: -R159.80 (-2.04%)

Waiting for a close above R51