Shopping list 1 December 2021

30 November 2021

Aspen

The stock broke back above the 50 day EMA Rebuilding this position with an initial stop loss R202.50. Putting on 1% risk to the trade

Barloworld

The stock made a new high close . I raised my stop loss R132.87. I’m a bit cautious not to rush the stop loss. Next I will raise it to R137.40 . Raising the profit to +2.36%

Clicks

I decided to add a “time’ish” stop loss and raise my stop loss to R273.18 just below the tug of war around the 50 day EMA. Reducing the risk on the trade to -0.44%. If the market takes out that low. The stock isn’t going anywhere for a while. It’s just going to be killing me in swaps. I will buy back above R287.

Goldfields

Gold stocks started running again. Goldfields had a golden cross a couple of weeks ago. Today took the R175.90 resistance. I’m going to build up a position with an initial stop loss at R163.32. Putting on 1% risk.

Royal Bafokeng

The stock moved to a higher box after a doji on. Close above the doji, invaliding the short signal. I raised my stop loss to just below the doji at R132.21. The trade to slight profit at +0.55%. I will be adding a 1% risk on the trade. With 6.9 shares

Telkom

The stock broke back above the R49.70 resistance. i will rebuild my position with a 1% risk with an initial stop loss at R46.30 and 6.2 Shares

Satrix40

The buy signal confirms. The ETF had a green closed green. I will start building the position with a 1% risk. With an emergency stop loss at R62.21

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