RossLarter

MRP Upward price channel

Long
RossLarter Updated   
JSE:MRP   MR PRICE GROUP LTD
MRP has been trading in an upward price channel for quite some time and it has broken through the mid line recently and is looking good to go upwards. Along with this, the stochastic has recently turned up through the 20 line and the two EMA's have crossed upwards.

I will look to enter around the 25000 level with a target around the 26200 level
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.