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RossLarter

SPAR - descending channel

Short
THE SPAR GROUP LTD (JSE:SPP)  
RossLarter  
JSE:SPP   THE SPAR GROUP LTD
Parallel Channel Support and Resistance jse ALSI ZAR southafrica
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parallelchannel supportandresistance jse alsi zar southafrica
SPP is trading in a descending channel and has just bounced off of the top resistance level. We can expect a downward move towards the bottom of the channel or around 17780.

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