SANLAM LIMITEDLong
Momentum kicking in for the upside?
Since December 2022 Sanlam has been in a steady upward movement. The MACD is making a bullish crossover and the share is +-12% higher than the 200-day SMA, confirms the direction for long.
Direction: Buy
Target: R70.96
Stop loss: R62.71
Risk/Reward: 1.5
Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.
Direction: Buy
Target: R70.96
Stop loss: R62.71
Risk/Reward: 1.5
Traders/Investors should always make their own analysis, the idea posted is just a guideline. Risk management is always your number one priority.
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.