RobbyP

Distell- booze ban Short

Short
JSE:DGH   None
Looking the daily chart, we can see resistance being found at the top of the descending channel. Indicators are showing price weakness now and I think there's at least 5 bucks to be made here (possibly more). I'm short now just above 95.00. Will look to take profit at around 90.00. (we will assess if it gets there. Stop loss is a breach of the channel, which would also be a signal to swing long.
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