Peet_Serfontein

BID: some upside potential?

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JSE:BID   BID CORPORATION LTD
A price action above 40400 supports a bullish trend direction.
Increase long exposure for a break above 41400.
The target price is set at 42900.
The stop-loss price is set at 38900. Negate the bullish stance for a break below this level.
The upward sloping linear regression channel supports a bullish trend direction.
Remains a risky trade.


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