FSR Potential Short coming soon för JSE:FSR av RossLarter

trendanalysis supportandresistance fsr firstrand jse alsi zar southafrica

FSR broke through a support trend line late November which it has since tested again and it seems to have become a resistance level. If it continues downwards and the MACD crosses downwards as well, I think we could see a short move down towards the 5200 price area. I will wait for confirmation before entering.

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