TRUWORTHS INT LTD TRU

Trader-Dan

Interesting comparison between the major apparel retailers MRP is the leader (longer terms) but is lagging year-to-date ... Note the chart is adjusted for dividends...

T2TWELL

Truworths trading in 40 day box consolidation pattern thats is leading up to a possible breakup in the coming few days reward to risk 1.5:1

Lester_Davids

The move in line with our monthly chart technical view. Truworths sold off sharply today (-12.5%) on the back of their results released after yesterday's market close. The move lower has aligned with our 02-August comment, suggesting that long term holders should consider reducing. Based on the monthly chart, the view took into consideration the prior support...

AcolyteTrader

There is triangle setup that has formed here. Price needs to close above 6700 and a breakout above this level can be bought be bought with ST limit at 7325. As always manage your risk

Innocentmaponde

Broke out, came for a retest, and now the rally continues. Should target 65-70 in the short term.

VillageTraderZA

The stock held the 50d EMA and broke back higher on increased volume

KoosKanmar

First target (5825)of this bullish flag breakout met Seems that we have a bit of consolidation at current levels Second target 6163 still looming

AcolyteTrader

Price has broken the trendline and moved up to close above the Weekly EMA200. The move higher in price is being supported by volume. Interesting to note is that historically price has traded in this range previously. Price could reach the 5845 level and pullback before moving higher.

Innocentmaponde

Breakout on the daily chart, should suffice as a 'Long' entry trigger.

KoosKanmar

Truworths has been consolidating in a bullish looking flag pattern since February. A break of the 5100 level could open 5800 & 6200 targets.

KoosKanmar

TRU has been consolidating from February after a great move off the 3500 levels. Keep an eye on this consolidation pattern. A break and a move above the 5175 level could indicate another leg up for this company. No targets currently. Waiting.

VillageTraderZA

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

Mars_African_Empire

We might see this guy completing that HH before going down

HermanLloyd

Massive three day rally of more than 30% after earnings came in slightly better than expected. Gap closed from last year March. Expect a pullback to breakout levels before consolidation.

SteynTrade

Just before the holiday break, we could see some interest in Truworths - See post link below. Now early in the year, we can see this buying pressure starting the markup with signs of strength - relative large up bar with high volume for this time of year. Will be looking for a push back to R60 - R80.

VillageTraderZA

Bear flag remains valid as TRU fails to stay above 200d EMA. We could see some more pressure into the share

SteynTrade

Truworths has been marking down from a previous trading range at about R75. We are now seeing some accumulation that could be the start of a back-up back to that trading range. We have seen signs of strength throughout this accumulation. After the selling climax, we saw signs of strength (SOS) taking price above the automatic rally (AR) and then being unable to...

Lester_Davids

*This chart forms part of a larger research note for clients* Published pre-market.