RobbyP
Short

The Truworths Sale -(TRU) SHORT

JSE:TRU   TRUWORTHS INT LTD
I will tell you off the bat that I am bearish on the whole retail sector and already have a short on Shoprite ( SHP ). Looking at Truworths now, it looks like the rally is fading with the price now heavily over-bought and some negative divergence creeping in on the RSI .

TRU is approaching a short term resistance point which I think can be shorted for a move back to mini support.
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