Shoprite

SHP tested R247 this morning, the stock previously failed to break above this level creating what looked like a double top. Luckily, the recent low was a higher lower, an uptrend movement is still possible. SHP will be attractive if it breaks above R248, a buy stop order can be useful in getting a decent price near a pivot point.
Chart PatternsTechnical IndicatorsshopriteshopritegroupTrend Analysistrendtraderjse

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