Tsogo Sun Gaming | Double breaks of key levels can often serve as significant long or short signals. In this case, TSG
trades just below it's pivot
level and 50-day exponential moving average
. We also note the price having been in a moderate downward trend over a 7-week period similar to mid=April to late May and mid-June to early August. The trigger for a long would be a large green igniting candle above 370c, preferably accompanied with elevated volume
. Provisional levels: Buy on a daily close above 370c, using a stop-loss of 325c and target of 485c.