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SteynTrade
Nov 16, 2019 11:40 AM

JSE:ASC Ascendis Health the pain continues Short

ASCENDIS HEALTH LTDJSE

Description

After breaking the downward stride the hope was that an accumulation trading range (TR) was forming. However, it seems there is no buying interest in the stock with the volume drying up. Attempts to rally have been poor and formed lower lows. The TR has been broken and there could now be more downside to come.
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