Graphs talk – Shoprite 7 May 2020

Shoprite is the largest supermarket retailer on the African continent. Their latest quarterly update for the period ending in September 2019 reported the following: turnover increased by 7.3%, Supermarkets RSA grew sales by 10.3% during the quarter. The Group’s other operating segments, which include the OK Franchise, Computicket, MediRite pharmacies and Checkers Food Services, reported a 6.4% increase in sales. The OK Franchise division grew sales by 8.6%. The stochastic indicator confirms the oversold situation of the share and the…

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Position size for CFD’s

We keep on talking about position size but what does it actually mean? The size of your position is nothing other than the number of contracts you trade on CFD’s or the number of shares you buy on equities. In other words, the exposure you have to one instrument in a trade. A risk strategy is key in trading or investing if you don’t want to wipe your account. When we talk about investing we mean the actual shares/equity you…

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