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RossLarter

MRP Upward price channel

Long
MR PRICE GROUP LTD (JSE:MRP)  
RossLarter Updated   
JSE:MRP   MR PRICE GROUP LTD
Trend Analysis Chart Patterns Technical Indicators MRP jse ALSI ZAR southafrica mrprice
6
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trendanalysis chartpattern indicator mrp jse alsi zar southafrica mrprice
MRP has been trading in an upward price channel for quite some time and it has broken through the mid line recently and is looking good to go upwards. Along with this, the stochastic has recently turned up through the 20 line and the two EMA's have crossed upwards.

I will look to enter around the 25000 level with a target around the 26200 level
Trade closed: stop reached
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