AcolyteTrader

Long idea on BIK

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JSE:BIK   BRIKOR LTD
So this trade was not on my radar. $BIK has some volume behind the recent rally however what goes parabolic does sometimes retrace about 50% of its price move. The stock is trading above its EMA200 on the weekly chart. There may be an opportunity to go long with this pullback,currently looking for a setup.

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