Netcare Ltd - Short Term Trade Idea

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.
Chart PatternsTechnical IndicatorsTrend Analysis

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