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Trader-Dan
Nov 17, 2023 3:56 AM

FIRSTRAND - Ebb and Flow 

FIRSTRAND LTDJSE

Description

The stock found decent support around R62 as mentioned previously and rallied almost 10% to R68.

We have now had some 'cooling' off from the bulls and once again back at a key R65. Bulls will want to defend this today or risk a deeper pullback to the breakout level --> R63.50

I will continue to be bullish the stock while price stays above the daily 20ema.
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