Peet_Serfontein

STXDIV: some muted upside potential?

Long
JSE:STXDIV   SATRIX DIVI PLUS PORTFOLIO
A price action above 245 supports a bullish trend direction.
Increase long exposure for a break above 250.
The target price is set at 260 (its 50% Fibonacci retracement level). This level is also at its 200-day simple moving average
The stop-loss is set at 235.
The consistent recovery in price movement makes this ETF a compelling choice for traders seeking opportunities.


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