LD_Perspectives

Trade Idea: Sell Absa Group (ABG)

Short
JSE:ABG   ABSA GROUP LIMITED
Price at the time of documenting this idea: 18270c

Price testing multi-month rising trend line. Downside reward to risk appears attractive at current levels.

7-day RSI at 87
14-day RSI at 78

Preferred Entry (Sell): 18260-18340
Stop: 18810c
Target: 16950c
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