APN trade ideas
APN @ R170-R180 good long term support levelAPN around R170-180 good long term buying zone.
both horizontal and diagonal support confluence around this zone
Flash Note: Aspen Pharmacare (APN)Last week Lester highlighted APN as as "opportunistic buy" after the fall from R290.
It looks like R263 to 264 is still a level where buyers have lined up to take advantage of the fall. This is also in line with the 50dma.
Once again stay cognizant of the USDZAR.
MariusGrobler301 is having a look at this trade for our clients.
Aspen heading for resistance (APN)Aspen is approaching the upper band of this sideways channel. This looks like quite strong resistance, so i would be looking to go short up there to again target the lower band.I make entry at around 27500
Aspen approaching resistanceAspen is approaching the upper band of this sideways channel. This looks like quite strong resistance, so i would be looking to go short up there to again target the lower band... I make entry at around 27500
