Trend_Trader_JSE

UTZ All time high

NYSE:UTZ   Utz Brands Inc
UTZ

That's a truck load of bases; I like to buy my stocks on the 1st up to the 3rd base, anything above the 3rd base I consider it as more risky.

But I can't ignore the fact that the 50EMA is holding the price very well.

A buy at current levels with a stop at $24 can still offer a reasonable risk:reward.

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