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Peet_Serfontein

LHC: mean reversion trade

Short
LIFE HEALTHC GRP HLDGS LTD (JSE:LHC)  
Peet_Serfontein  
JSE:LHC   LIFE HEALTHC GRP HLDGS LTD
Trend Analysis Technical Indicators
3
0
trendanalysis indicator
Remains close to the upper range of the linear regression channel pattern (see the blue and red parallel trendlines).
Retracted from overbought territory.
Downside price momentum supports the bearish trend.
Bearish trend applicable below 2114.
Strong trend is applicable according to the ADX.
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