EOH trading plan 18/06/2020

17 de jun. de 2020

EOH still showering similar patterns in the horizontal trend. Very strong opens and retracing during the day. It’s fair to expect another strong open in either direction. If we get a positive open, will implement a partial exit in the R 6,60 - R 6,70 zone anticipating further drop to around R 6,40 or less. This will reduce our risk exposure and give us an opportunity to buy back in should a drop in share price occur the day after. If we open at a drop in share price, we have a buy in opportunity at the R 5,40 to R5,60 zone. If share price recovers during the day we can recover pieces of profit lost during last weeks drop from R 7.00.