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Innocentmaponde
Feb 1, 2019 2:49 PM

Discherm consolidating for another move lower? Short

DIS-CHEM PHARMACIES LTDJSE

Description

I previously missed entry for a short trade when the price broke to the other side of R28.
On the daily chart, price seem to be consolidating again for another move lower.
With a trading update due in the 2nd week of February, I'm monitoring the R26 area for possible entry into a short trade.
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