SteynTrade

JSE:PSG PSG Markdown Continuing

Short
JSE:PSG   None
PSG has been undergoing distribution (See posts below). After a last point of supply (LPSY) we are now seeing a continuation of the markdown in Phase D. Volume is increasing on declines and last week we have seen volume increase after a pullback to previous support. The relative strength against the Top 40 is also declining.

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