techpers

SHP - Observation

JSE:SHP   SHOPRITE HOLDINGS LTD
Shoprite SHP (24082c) - short term traders, if you're holding. Technical Perspective:

> Daily Candle structure bearish following strong run
> Rejection at (exactly) the prior swing highs.
> Rejection at parallel channel
> The share was highlighted pre-market yesterday in the "strong but near overbought' scan.

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