Trend_Trader_JSE

Shoprie is losing ground

Short
JSE:SHP   SHOPRITE HOLDINGS LTD
SHP share price is under pressure, and it has broken below a support level. SHP has been trading below key MAs for a while now, it's no surprise that the down ward move is gaining traction. It's not wise to keep on buying the stock at the moment, let it fall without you, unless you'e short. PPH is another weak retail stock.

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