SMART trading : Selling Netcare short
Netcare (NTC) is starting to look rather stretched above thirty bucks and has been in over-bought territory throughout April.
My Momentum indicators are all starting to point lower so i think we could see a small correction from here
Not trying to get too clever here as the price bumps its head at the top Bollinger band which coincides with a horizontal resistance zone or even a a possible double top.
Here’s why my copy traders have gone short ….
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Unum Capital (Pty) Ltd