AWPEARCE1

REMGRO 1D - SHORT TERM NEGATIVITY

Short
JSE:REM   REMGRO LTD
Seems like I am a bull in a bear market today. Although there is a gap to fill to the upside, I feel the short term trend is still negative. Stochastic is overbought, and price is against a strong downward trend line. I will sell at 9297, with a short stop of 9705 and a small target of 8295.

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