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Writer's pictureLester Davids

Aspen Pharmacare: The Long and Short of It - Thursday, 05 September 2024

Pre-Market

Ticker: APN


  • Within the span of 19 months, the share has provided clients of Unum Capital with two opportunities to profit.

  • These opportunities came on both the long (buy) and short (sell) side, benefiting from a rising and falling share price.

  • The short leg provided short term traders with 3x opportunities to sell above 23500c.

  • Although the share briefly test the stop-loss level (a spike), the share pullback was in line with the view.

  • The updated chart, with the time-stamped ideas, is shown below.



Lester Davids

Analyst: Unum Capital


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