Sunday, November 1, 2015

Nampak Short Continuation Setup

The 3LB on a daily basis appears to be breaking down. Entry zone between R22.72 and R22.20 with a stop in as a close above R23.23 and downside targets at R21.17/R20.14 and R19.63

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2 comments:

  1. UnknownNovember 3, 2015 at 12:28 AM

    Good entry opportunity - The pullback has however overshot so needs to be monitored carefully

    ReplyDelete
  2. UnknownNovember 4, 2015 at 5:20 PM

    Overshoot would have forced a stop-out with a 2nd close above the stop level today

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