Been tracking this trade for a while. This is an updated idea, with the trade already triggered last week after a close above R150. Target is R180 with stop loss a close below R150.
Trade closed: stop reached
Trade was triggered on Monday and looked steady until a close below R150 on Friday triggered our stop loss. SOL is due to released earnings tomorrow (Monday)and a potential rights issue could bring the share price down. Risk remains too high to stay in the trade.
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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.