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Trader-Dan

REMGRO - Long Idea

Long
REMGRO LTD (JSE:REM)  
Trader-Dan  
JSE:REM   REMGRO LTD
Support and Resistance Pivot Points
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supportandresistance pivotpoints
The stock has broken out of a down sloping wedge pattern and is likely to get support in the current buoyant market.

MACD crossover with a diverging RSI.

First hurdle to overcome with be the 200dma .

Stoploss below R141

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