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Peet_Serfontein

Pair trade: BID to outperform SHP?

Long
BID/SHP  
Peet_Serfontein  
BID/SHP  
Trend Analysis Chart Patterns
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trendanalysis chartpattern
A price action above 1.8475 supports a bullish trend direction.
Further bullish conformation for a break above 1.9285.
The target price is set at 1.9970.
The stop-loss price is set at 1.8110.
The lower panel highlights a bullish MACD crossover from oversold territory.
BID likely to outperform SHP.
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