Get started
RossLarter

APN possible turning point

Short
ASPEN PHARMACARE HLDGS LTD (JSE:APN)  
RossLarter  
JSE:APN   ASPEN PHARMACARE HLDGS LTD
Trend Analysis Support and Resistance jse ALSI ZAR southafrica aspen aspenphamacare
6
2
trendanalysis supportandresistance jse alsi zar southafrica aspen aspenphamacare
APN has reached quite a significant resistance level which could mean a change in direction to the downside. I will keep an eye on this one to see if it breaks through the resistance and continues upwards. If so, I will enter long.
My outlook is bearish, however, and I anticipate that it will fail to break through and turn downwards for a short. As always, I will wait for confirmation before entering either way.
Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit www.suretrading.co.za
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.