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SPAR - MAJOR DOWNSIDE RISK

JSE:SPP   THE SPAR GROUP LTD
#SPAR shareprice is showing great weakness:

Consolidation range
SPAR is currently trading within a multi year consolidation range (between white trend lines). However it is trading near the bottom end of this range, already showing some weakness.

Head & Shoulders
The purple line indicates the multi-year pattarn's neckline. If it breaks to the downside, this could spell disaster.

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