LD_Perspectives

Re-visiting Barloworld - Range Trading Opportunity

Long
JSE:BAW   BARLOWORLD LTD
Recently, traders who participated in the BAW trade benefited from the sharp run-up in the share with the price which made an explosive move from 11803c to 13536c - a 14.6% appreciation over three trading sessions. While the same result may not be achieved, I believe a short term range still exists between sub-12250c (buy) and 12900c (sell). Here a stop-loss of 11990c (or 2% trailing) can be applied.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.