Loxworth
Short

JSE:SHP Around Support line.

JSE:SHP   SHOPRITE HOLDINGS LTD
Price has been bouncing around the major support zone on the 15m chart being rejected for the third time now, this must be an indication of bulls are trying to push price away from the resistance zone but every time a move away from the resistance occurs it gets rejected by bears in a major pressure shown by the engulfing candle sticks. NB!! double check analysis before entry.

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