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Mediclinic International PLC JSE:MEI - technical trade note

17 April 2018 / JSE Market Updates / Research Notes Posted by: Barry Dumas
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Trade idea on Mediclinic International PLC (MEI)

I am looking to buy Mediclinic International PLC (MEI) at 10500c with a first target price of 11067c. It looks like Mediclinic is turning around and is showing good potential to move higher as the price is breaking through some key resistance levels.

Trade: Mediclinic International PLC (MEI)

  • Entry (Buy): 10500c
  • Stop loss: 9895c
  • Target price: 11067c

ALSO READ OUR "MOVING AVERAGES" TO BRUSH UP ON YOUR TECHNICALS

 

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