ASilk

SUL breaks out of channel with negative momentum

Short
ASX:SUL   SUPER RETAIL GROUP LIMITED
SUL breaks out of bullish channel established for 2019.

Bearish Golden Cross on both 1H and 2H time frames.

Cyclically falling RSIMA(30) since a peak in late May.

Price target $6.30 for the bottom of the multi-year channel, $8.30 for some consolidation on the way
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