Unum Capital: Looking For a Rebound In AVI

Unum Capital: Looking For a Rebound In AVI

Dear Trader

Following the sharp decline of it’s shares on the back of a trading update and statement released on Friday, 25 January, FMCG Group AVI Limited’s shares now trade at a short term support level and may offer an offer for traders to take advantage of a potential rebound.

Applying the ‘3-Day Rule‘, traders could look to accumulate shares at a price of 9265c or better. The trade is viewed¬† ultra short term , with a price target of 9650c and stop-loss of 9000c.

Please chat to the Unum Capital Trading Desk to take advantage of any trading opportunities.
All the best,
Lester Davids
Unum Trading Desk Analyst
e-mail: clientservices@unum.co.za
Tel: 011 384 2923

 

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