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APN - Potential Bottom Forming

Long
JSE:APN   ASPEN PHARMACARE HLDGS LTD
We may derive the following from the Weekly APN chart:

1. Price has respected the double bottom.

2. It is probable that price will test the resistance level first and come back down.

3. Monitor price action and wait for a long set up.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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