short term sell

The acquisition of ARM’s stake in chrome mine by Assore has seen the company's share position and also the appoint of Ernst & Young as their audit firm. JSE:ASR chart is currently showing a bullish trend. we waiting for a test in the support trending channel to take a temporal short position. we will wait till it test and take a sell position at 43707.

NOTE THIS IS A SHORT TERM TRADE JSE:ASR IS IN AN UP TREND NOW