SteynTrade

JSE:S32 South32 Being Distributed

Short
JSE:S32   SOUTH32 LIMITED
South32 is looking at breaking the bottom of the TR range that has been formed. The price action in the TR looks like it has had an upthrust (UT) that caught me when it happened. We have seen a last point of supply (LPS) and now we are looking for a break lower.

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