TAjames

Myer is strong if it can get above 39c.

Long
ASX:MYR   MYER HOLDINGS LIMITED
Been on watch for a while, looking to enter if share price gets above 39c. Yellow trend line is a long term downtrend which if myer can break the 39c mark, i can see it pushing up to test. Relatively safe entry here if you believe myer is still competitive in their market due to the bounce on the daily 43ema.
Stop loss at 27c.
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