JSE: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.
@Timonrosso, Oh I didn't even read the comment... Just saw the chart, I've gone long based on a Cup and Handle pattern... The beauty about subjectiveness with trading.