hitchcoxg

Grinship JSE above 1 Week VWAP.

Long
hitchcoxg Updated   
JSE:GSH   GRINDROD SHIPPING HLDG LTD
Grinship JSE is above the 1 Week VWAP.
However this stock has a low volume trade.
The latest SENS seems to taken as a positive signal due to the upcoming Capital Reduction.
As with all Investment's one must do their own research or get expert advice.
I hope this ticker is discussed on the Business TV news so more insight can be gleaned.
If you do Trade, always use a trailing Stop Loss to protect your Capital.
Regards Graham.
Comment:
R200 Reached today. Hope Target R225 is breached.
Comment:
Proposed Sell / Buy Out Indicates the Share Price @ R265 Each from what I'm able to calculate. Hence the sudden Jump in Price.
Any further comments or Suggestions welcome.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.