Netcare Ltd (NTC) is signaling potential for a short term recovery.
Yesterday we saw the price test it’s downward trend line resistance while the RSI gave an early signal, having broken resistance going back to March. At current levels or better (R15.73) I see an opportunity to take a buy/long, using a stop-loss of R14.95 and Take Profit Target of R16.90.
To participate, please contact the Unum Trading Desk on 011 384 2920 or e-mail firstname.lastname@example.org to take advantage of any trading opportunities.
All the best,
Unum Trading Desk Analyst
Tel: 011 384 2920