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SOUTH32 LIMITED
Long

S32 20% bounce?

By jason_rpprt
S32 has retraced from the top of this triangle and looking to find support on this trendline going back to 2015. S32 also has support from a previous channel and support zone at $2.90 all converging in the same area. MACD is also turning up with bullish hidden divergence on the RSI. If breaks below support zone and trendline then will be no trade and could even look too short on a retest. Good luck and happy trading🍀
ASXasx200Beyond Technical AnalysischanneltrendchartanalysisChart PatternspatternsS32supporttradingideasTrend AnalysisTrend Line Break
jason_rpprt
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