TIGER BRANDS LTDLong
TBS: time for a bounce?
A price action above 19800 supports a bullish trend direction.
Further bullish confirmation for a break above 20700.
The first target price is set at 21500.
The second target price is set at 22800.
Remains above both the confluence of its 200-day and 200-week simple moving averages.
Also appears to have found support at its 38.2% Fibonacci retracement level.
Remains a risky trade.
Further bullish confirmation for a break above 20700.
The first target price is set at 21500.
The second target price is set at 22800.
Remains above both the confluence of its 200-day and 200-week simple moving averages.
Also appears to have found support at its 38.2% Fibonacci retracement level.
Remains a risky trade.
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