RobbyP

Shorting Richemont -

Satış
JSE:CFR   COMPAGNIE FINANCIERE RICHEMONT SA
With the Rand blow out today, we may see CFR test the upper resistance band today. Should it get that close, I will be looking to short (above R110.00). The stock was trading below R100.00 just 10 days ago and has become quite over-bought as it trades just above the 200 day moving average. The trade rules for this one are pretty simple. A break above that overhead resistance will be the signal to bail out , but I am happy to place a stop loss just above 116.00. ( volatility is a factor). My target; R98.00 (but I'll probably take it early)
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.