Tiger Brands Limited
Largo

TBS

56
Accumulate at current levels or better (lower). Key Drivers: Improving candle structure + emerging from downward trending channel + 14-day RSI at multi-month highs (trending up). Please note that the price could retrace slightly before continuing it's bullish reversal. Upon the share advancing, traders could consider the following: (1) bank/take profit as the share approaches it's target i.e. scale out and/or (2) raise the stop-loss to protect capital. Time stop: 22 November 2023

TRADING LEVELS:
Entry: 16241
Target: 17773
Stop-loss: 15108

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