TIGER BRANDS LTDشراء
Trade Idea: Tiger Brands
Key Drivers
• Share price under pressure due to poor consumer environment and below par results.
• This has led to a share de-rating from R465 (previous short level) to below R250 (PE Ratio of 12.5x).
• Long term there is potentially more downside.
• Short term the share appears oversold and is trading near support.
• RSI daily chart signals oversold conditions."
Code TBS
Entry (buy at or better) R 248.76
Stop-loss R 240.00
Take Profit Target R 264.00
Potential % Return 6.13%
Risk -3.52%
• Share price under pressure due to poor consumer environment and below par results.
• This has led to a share de-rating from R465 (previous short level) to below R250 (PE Ratio of 12.5x).
• Long term there is potentially more downside.
• Short term the share appears oversold and is trading near support.
• RSI daily chart signals oversold conditions."
Code TBS
Entry (buy at or better) R 248.76
Stop-loss R 240.00
Take Profit Target R 264.00
Potential % Return 6.13%
Risk -3.52%
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.