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Flash note: Massmart (MSM)

153
"On Wednesday the share tested and rebounded off the prior swing lows between 102 and 103.50. This appears to be a range-trading opportunity, with the upside target being the prior highs of 119. " Lester Davids, Trading Desk analyst, Unum Capital.

Keep an eye on USDZAR as this will continue to impact South African retailers.

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