Trader-Nazeer

REUNERT - Position Trade

JSE:RLO   REUNERT LTD
Following on from the idea posted in September, RLO has moved up nearly 20% .

After a solid earnings report, i will be looking to add to my position on any pullbacks towards the up sloping 20/50ema.

Stochastics are just turning up off oversold so this stock may have legs to run to the next big area of interest R54.50.

A daily close below R44.00 again would be viewed as bearish.

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

hey dan, after you recover your account please message me on instagram: @n4z.op
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