SLM made a bullish pin bar on Friday. A move above highs of R56.80 triggers long idea to close the gap from the Divi declared last week to R58.60. Stop loss close below R55.
Trade active
Trade triggered on Friday after it closed above R56.80. Also note the big volume done on Friday, seller kept coming offered with 350k. Gap is at R58.60 and R60 is full target on this idea short term.
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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.