Update #2: Aspen Pharma - Using These Highs To Further Reduce
For traders who held onto APN, it's been a great medium term trade. Our initial long at R147.14 on 14 April and then follow up long at R163.58 on 28 May.
Recently (16/08) I mentioned using the highs of 18692c to reduce some (40% of position).
Today, at 22000c, it may be prudent to use these highs to continue reducing (potentially another 40% of the medium term trading position).
The two original ideas as well as the recent update has been attached.
Well-done to all who got aboard this move.
For more insights and real-time trading ideas, whether retail/individual or industry professional, get in touch today.
Recently (16/08) I mentioned using the highs of 18692c to reduce some (40% of position).
Today, at 22000c, it may be prudent to use these highs to continue reducing (potentially another 40% of the medium term trading position).
The two original ideas as well as the recent update has been attached.
Well-done to all who got aboard this move.
For more insights and real-time trading ideas, whether retail/individual or industry professional, get in touch today.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.