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1. Inverse Head and Shoulders in play
2. Trading at a reasonable PE
3. Short Trade seems to be on the crowded side
Aspens is looking good. Major resistance of moving average excluding the 200 sma is sitting from R138 to R143.
Result will be released next week. Any sniff of good news will destroy theses moving average , with an attempt been made for the 200 sma.
Aspen is undervalued, and at R140 looks like a good low risk EQUITY entry (NOT CFD'S) into this company.
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