Aspen Seeking to Push into Weekly Cycle High
Updated
Aspen is consolidating in a symmetrical triangle, it has good support in the triangle and the median line of Pitchfork. On the weekly perspective we are in time for a half cycle correction hence I expect the price to resolve upwards.
The stop-loss is R185.41
The stop-loss is R185.41
Trade closed: target reached
Aspen appears to be in distribution phase, therefore we can take profit here and pursue other prospective moves upwards.
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