Reunert staged a lovely rally since our last idea (link below)
The stock still offers an attractive PE and dividend yield.
Price has now retraced from the R48.94 high and is in an area of interest where we will be looking for support.
- R41-42 will provide a buy entry to target R45.25 initially
- Stoploss is a daily close under R40
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
The stock still offers an attractive PE and dividend yield.
Price has now retraced from the R48.94 high and is in an area of interest where we will be looking for support.
- R41-42 will provide a buy entry to target R45.25 initially
- Stoploss is a daily close under R40
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
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