Lemonade. Drink it down! We look to Sell at 22.81 (stop at 25.17)
We look to Sell at 22.81 (stop at 25.17)
Preferred trade is to sell into rallies. Trades with a bearish descending triangle formation. Previous resistance located at 23.00. The medium term bias remains bullish. There is scope for mild upward pressure at the open but we look for selling interest to resist gains.
Our profit targets will be 16.20 and 15.01
Resistance: 23.00 / 30.00 / 60.00
Support: 16.20 / 10.00 / 5.00
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