Changes to stop loss and target prices

Brad Holland

Brad has over 20 years experience in the Australian and US equities and options markets. Brad specialises in equities and options for capital growth, income generation and capital protection. He also specialises in finding opportunities in small to medium cap stocks. Brad holds RG146 - Securities & Managed Investments and Accredited Derivatives Adviser Level 2 qualifications.

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April 4, 2022

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High Conviction Report | MIN.AX

The Mineral Resources share price has increased faster than anticipated because of the recovery in the iron ore price and the continued strength of the Lithium price.

In trading last week, the MIN share price increased 12.1% to close at $54.59.

With the MIN share price looking like the recent strong rally will continue, we will make changes to the stop loss and profit target today.

Stop loss will increase to $44.00

Profit target one: 150 shares at $58.50

Profit target two: 150 shares at $65.00

This is general advice only. MF & Co Asset Management has not considered your personal financial needs, objectives or current situation. This information is not an offer, solicitation, or a recommendation for any financial product unless expressly stated. You should seek professional investment advice before making any investment decision.