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RossLarter

SHP breaking trend

Long
SHOPRITE HOLDINGS LTD (JSE:SHP)  
RossLarter  
JSE:SHP   SHOPRITE HOLDINGS LTD
Trend Analysis jse ALSI ZAR southafrica SHP shoprite
2
0
trendanalysis jse alsi zar southafrica shp shoprite
SHP has been in a downward trend since mid September. It broke through the resistance level on the 9th of October and it went back down to test the level as support. If it breaks the high of the 13th of October, I will consider a long position up to the previous high of the top of the trend.
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