RossLarter

NPN Reversal

Short
JSE:NPN   NASPERS LTD -N-
NPN has shown a bullish harami which is a strong reversal signal. This pattern formed at a previous resistance level which strengthens the signal.

We can expect a downward move as the stochastic is also turning.

If all goes well, w can expect it to go all the way down to the support at around 280000 and we will exit the trad if it breaks through the resistance at around 318000

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