DRD

Medium term view. Buy at current levels or better (lower). Following multiple rejections of it's downward trend line, the share could be primed for a change of trend. As always, traders could consider the following if/when the share approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits. Time stop: 27 March 2024.

TRADING LEVELS:

Entry: 1700
Target: 2000
Stop-loss: 1555