$JSEMEI Channel play - Weekly chart

Mediclinic has been trading within a defined range for 2.5 years now. Top of the range is around 6600 level and the bottom of the range is around 5300. Time will tell if overhead resistance will hold, but if history is anything to go by some weakness might be setting in again. A possible short can be attempted if the 6600 becomes a level too far to breach within the coming weeks.