GT247.com Trading Blog

Your Morning Market Podcast 26 July 2017

Written by GT247 Trading Desk | 26 Jul 2017

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

Follow @Makoni_Henry

Wishing you a profitable day of trading.

 
 
 

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