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Flash note: Massmart (MSM)

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