ASTRAL FOODS LTD
Short
Updated

JSE:ARL Down Trend Continues

156
Astral Foods has been in a downtrend since July 2018. It has reached the supply line with some volume and seems to be continuing the downtrend.
Note
Astral has broken the downward stride and started to range. Now we need to see if this is accumulation or distribution.
Note
Looks as if the TR was an accumulation range. Looking for a move to the yearly pivot point.
snapshot

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