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JSEMUR - Interesting break
MURRAY & ROBERTS HLDGS
Long
JSEMUR - Interesting break
By Trader-Dan
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Dec 13, 2023
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Dec 13, 2023
This is a speculative play which seems to be trying to break out of a base which started in September.
I will be looking for a pullback towards the 20ema and successful support at the 68-70c zone to initiate a starter position.
If successful, we could see the stock back at R1 in a relatively short time period.
Support and Resistance
Trader-Dan
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