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AfroTez
Oct 24, 2020 9:24 PM

Aspen Analysis  

ASPEN PHARMACARE HLDGS LTDJSE

Description

Aspen with a strong rebound respecting the down trend support. Although its above the 105 support line, it can be expected it might dip below this point again. I feel in terms of long term portfolio growth a Pharma company is essential and this can be one big hitter when full year results are published especially considering the year they have had. Before the downtrend i let go of half of my holdings and i feel now is probably a decent time to start investing back into Aspen. This is a long term hold by the way. The current rally could be short lived and we could see a pull back soon. Although I am hoping that sooner or later we can go back to R140 price range.
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