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LD_Perspectives
Mar 2, 2020 7:14 AM

PIK (Long Term View) Short

PICK N PAY STORES LTDJSE

Description

Pick n Pay (PIK)

Has breached the 5595c level, opening up 4832c as a first target. Should the first target fail to hold, 3732 comes into play as an extended/stretch target. Watch the monthly chart RSI – it’s looking to break support, which is a negative technical signal.
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