Although RDF and SA property have been struggling post lockdown I do think there is some lagging behind and a 'bottoming out' that has taken place. I like the 200 level here and has great risk reward opportunities. 192 as a tight stop.
I'm a big fan of this set up. The lack of effort leading up to the breakout and 3 thin real bodies showing not much supply coming to this market. A retest of breakout on the 2nd day has given a chance to enter if the breakout was missed.
Potential target could be 11846. We also note the large unfilled gap.
Stop - 8864 or a tighter one just below the breakout candle.
$JSEWHL touched the 200 MA again after a huge move up today over 6.5%. Will be looking for a daily close above the 200 for an entry. If we see more upside we could also see a golden cross i the coming weeks too. One to watch technically.