Sunday, October 18, 2015

Short continuation on Murray & Roberts

End of day 3LB breakout scenario on MUR. Entry zone from R10.58->R10.94 with stop level as a close above R11.30 and downside targets at R9.86/R9.14 and R8.78


2 comments:

  1. With a high of R10.90 this trade gave some excellent value on entry before moving very sharply out of the blocks

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  2. Today saw a violation of the intraday trailing stop on this trade and I took an exit at R9.55 from a R10.80 entry closing out a solid 2.5-1 reward to risk profit.

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