Peet_Serfontein

TBS: aiming for its 61.8%?

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JSE:TBS   TIGER BRANDS LTD
A price action above 18100 supports a bullish trend direction.
Increase long exposure for a break above 18700.
The target price is set at 19500 (61.8% Fibonacci retracement level).
The stop-loss price is set at 17400.
The confluence of testing its 200-day and 200-week supports a bullish trend direction.
Remains a risky trade.


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