Real-Time
Was 1948c, now lower by 26%
The share is nearing a test of the lower boundary of the long term channel
The slide below is an extract from my report on 29 July (Active Trading Plan) in which I highlight the weekly chart and the potential for the share to reach it's lower boundary at between 1265 and 1355c.
Since then the share is lower by 26%.
In the short term, oversold conditions are in place, however the weekly/monthly structure is also in play.
Lester Davids
Analyst: Unum Capital
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