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Trader-Dan
Feb 19, 2024 6:17 AM

Naspers - Top of channel rejection Short

NASPERS LTD -N-JSE

Description

Following on from the previous post , we did in fact get a strong rejection off the top of the channel (major gap down) . Bulls stepped in at the channel low making a decent recovery back up to resistance. The daily candles warned of resistance again and today it seems the stock will come under pressure with R3180 a possible initial target .

link to previous post below---

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