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RossLarter
May 31, 2019 12:33 PM

MRP - Long if it breaks resistance Long

MR PRICE GROUP LTDJSE

Description

JSE:MRP has broken through a descending resistance, but it might struggle at the resistance level around 20000.

If it breaks through this level convincingly, I will consider a long position.

Comment

It is signalling a short now because of a break out through a ascending resistance. If it closes below our entry and confirms the short, I will reverse my trade.
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