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Trader-Dan
Nov 7, 2023 5:15 AM

DISCHEM - Breakout Long

DIS-CHEM PHARMACIES LTDJSE

Description

After forming a 5-month base which broke out through the 200dma yesterday on the back of an upgrade, the stock looks set to for a decent leg up.

Note: Volume has been increasing into the date of release

Next hurdle up is R28.00, target price R30.50 (likely not in a straight line). Bulls next to keep price above the rising 20ema now.
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