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Peet_Serfontein

SYGWD: mean reverting trade?

Short
SYGNIA ITRIX MSCI WORLD (JSE:SYGWD)  
Peet_Serfontein  
JSE:SYGWD   SYGNIA ITRIX MSCI WORLD
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
A bearish trend is applicable.
The ideal short entry is around 5000.
Increase the short exposure for a break below 4900.
The target price is set 4700.
The stop-loss is set at 5100.
A likelihood that a mean reverting trade might unfold.
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