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runyamhere
Apr 14, 2024 2:20 PM
$JSEAPN Hitting Double Resistance on the Weekly
Short
JSE:APN
1W
ASPEN PHARMACARE HLDGS LTD
JSE
Description
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Apr 14, 2024 2:20 PM
In week 24 we have closed our long position (see linked idea), Aspen is hitting channel resistance & 100% extension of the fib. Once price sets a swing high, we can be certain that trend reversal has started therefore a short position can be opened.
Support and Resistance
Parallel Channel
Wedge
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