LD_Perspectives

Famous Brands: A Steady Trend Higher. Now +43%

JSE:FBR   FAMOUS BRANDS LTD
It's been just over 13 months and my FBR long idea is up by 43%. Today it tested R60 but is still below the year-to-date highs, which I believe will be tested again and perhaps even surpassed.

Yesterday, the company released a market update, which appeared very decent. I think you remain long this one, with a trailing stop.

The original 03 August 2020 idea has been attached.

For more real-time insights and ideas, get in touch today.

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