Peet_Serfontein

QLT: temporary correction

Long
JSE:QLT   QUILTER PLC
A price action below 2560 supports a bearish trend direction.
Crossing below 2520 will support further bearish strength.
The target price is set at 2400.
The stop-loss price is set at 2670.
Downside price momentum also applicable.
Remains a risky trade as the price action is against the general upward trend direction of the incliig channel patter.

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