APN mini rally following a positive trading statement quickly fizzled. Aspen APN reporters that EPS will be between 32% - 37%. Audited results are coming this week, the numbers are expected to remain the same. The share is trading below key levels, the stock will need great numbers to push the price up, a promising setup is the price trading above R160/share. Otherwise, the downtrend in the stock will continue, especially if the price drops to R136/share.
aspenChart PatternsearningsreportTechnical IndicatorspharmaceuticalsTrend Analysistrendtraderjse

Also on:

Disclaimer