Looking at Ascendis Health and Raubex Technicals
Ascendis Health:
Broke below a key support level on Monday, still expecting more downside down to R18.15 where we expect to find support. Yesterday it closed at R19.80.
Source: Bloomberg
Raubex:
In a minor downtrend therefore expecting it to break below the triangle. Full target is R21.64 but expect some support at R22.00.
Source: Bloomberg
Wishing you a profitable day of trading.
Musa Makoni | Trading Specialist at GT247.com
Wishing you a profitable day of trading.
GT247.com: +27 87 940 6101
IT support & help desk: +27 87 940 6107
Client relations (new accounts): +27 87 940 6106
Sales: +27 87 940 6108
Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
