Trad3r_16

Shoprite - Buy Zone

Long
JSE:SHP   SHOPRITE HOLDINGS LTD
SHP looks good at current levels and is currently trading in a buy zone. Retailers are coming under pressure as trading updates are released, but if blue TL holds, SHP can move to an initial TP of around 246.90 with an extended target of 254.00. Stop loss on a close below TL support (blue)
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