The original idea was also published on this platform in real-time (see attached). As a side note, I published this idea last week Monday, so it was interesting to see Michael Mark (CEO) and a number of other executives having sold on Tuesday (SENS released on Thursday). The CEO selling over R36m worth of shares!
The following is my comment on our client group in the last few minutes.
Update: TRU Truworths. Today the share traded at a 3-week low of 7102c, which has brought the current gain on the sell/short from the suggested entry to 7.1% (ungeared).
As always, traders could consider the following:
> Bank/Take Profit
> Partially scale out
> Adjust the stop-loss to protect profits
The chart is 'current'.
The following is my comment on our client group in the last few minutes.
Update: TRU Truworths. Today the share traded at a 3-week low of 7102c, which has brought the current gain on the sell/short from the suggested entry to 7.1% (ungeared).
As always, traders could consider the following:
> Bank/Take Profit
> Partially scale out
> Adjust the stop-loss to protect profits
The chart is 'current'.
