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Maboko
Aug 14, 2023 6:46 PM

DCP: SHORT? Short

DIS-CHEM PHARMACIES LTDJSE

Description

Price has recently been in a down trend, there have been lower lows and lower highs. The price is below the 200-day moving average.

MACD has crossed below the signal line, momentum to the downside.

Idea: speculative Sell/Short
Stop loss: R26.80
Target: R22.17
Risk/Reward: 1.5
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