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Mr. Price Group (MRP) - Monday, 08 April 2024

  • Writer: Lester Davids
    Lester Davids
  • Apr 6, 2024
  • 1 min read

Reading Time: 1 Minute


  • Update: MRP is trading R10 lower from from previous bearish comment on Monday 25 March.

  • The 8, 21-EMA is being breached. Minor rebounds could be viewed as opportunities to re-enter a short/sell.




Below, my bearish view on MRP, as discussed on Monday 25 March at 17410c. On Friday the share traded as low as 16478c.



To trade, or open a new account, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za | Call: 011 384 2923


Lester Davids

Analyst: Unum Capital

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