This name keeps on delivering the goods and looks set for a continued move higher.
Your stronger stocks will generally be above important upward sloping moving averages. A break of the high now targets R465 ... SL below R400
Trend trading is a trading style that aims to capture gains by analyzing an asset’s momentum in a particular direction 1. When the price of an asset is moving in one overall direction, such as up or down, that is called a trend. Trend traders enter into a long position when a security is trending upward. An uptrend is characterized by higher swing lows and higher swing highs. Likewise, trend traders may opt to enter a short position when an asset is trending lower. A downtrend is characterized by lower swing lows and lower swing highs.
Your stronger stocks will generally be above important upward sloping moving averages. A break of the high now targets R465 ... SL below R400
Trend trading is a trading style that aims to capture gains by analyzing an asset’s momentum in a particular direction 1. When the price of an asset is moving in one overall direction, such as up or down, that is called a trend. Trend traders enter into a long position when a security is trending upward. An uptrend is characterized by higher swing lows and higher swing highs. Likewise, trend traders may opt to enter a short position when an asset is trending lower. A downtrend is characterized by lower swing lows and lower swing highs.