Peet_Serfontein

SHP likely to outperform SPP?

Long
SHP/SPP  
SHP/SPP  
Pairs trade idea: Buy SHP vs Sell SPP
A price action above 1.4805 supports a bullish trend direction. Crossing below this level will negate the bullish stance.
Further bullish trend support above 1.4845.
Consolidation from 1.4955 to 1.5220.
Crossing above 1.5220 might target 1.5625.
The potential MACD bullish crossover might support the trade idea.


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