$JSETBS - Tiger Brand: Is The Tiger Starting To Roar Again?

Tiger Brands has had its fair share of operational issues and bad news and is currently trading a long way off its all time highs.
Perhaps there's a ray of hope if the latest trading statement is anything to go by.
Technically, a run up to R240,00 looks possible. Selling momentum has been waning as seen by the double convergence in the price and MACD.