Peet_Serfontein

GND: further upside potential?

Long
JSE:GND   GRINDROD LTD
A price action above 1070 supports a bullish trend direction.
This is also the ideal entry price range for a long position.
Increase exposure for a break above 1100.
First profit target is set at 1130.
Second profit target is set at 1170 (upper range of the linear regression channel pattern).
Stop-loss for a break below 1060.
The price action might progress upward to the uppwe range of the linear regression channel.

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