MR PRICE GROUP LTDLargo
MRP - Ascending Triangle
Actualizado
MRP's unaudited results came out on the 23rd of November, and the market loved them……up 6.14% on the day.Since then it has broken up through the resistance line of the ascending triangle.
It might come back down to test the support, but things are looking good for a long position on this instrument. Exit could possibly be around the 27550 level.
Nota
This trade went against us for a few days, but it formed a hammer candle yesterday which is a good reversal signal.So, we remain in the trade for now
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