KoosKanmar

$JSEMEI Mediclinic Breaking a multi month channel

JSE:MEI   None
Mediclinic is looking very bullish at the moment, but if you like me took profit at the top of the channel before the break it will now become a wait and see approach. I generally do not like to chase price action like this, but would rather wait for a daily channel retest 6600 and buy into some weakness. If it does not turn around, then this will be recorded as one that got away and we move on. Current target is 7650.

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