JSE:SBK   STANDARD BANK GROUP LTD
The following factors may support a sell/short: (1) a 'near overbought' rating, (2) a negative divergence between the price and the Relative Strength Index (RSI) suggesting the upward momentum is potentially slowing (3) trading between 2x to 2.5x it's mean over 200 days. Preferred sell around the last close or slightly higher (may overshoot on the upside). Exit is a daily close at or above the stop-loss.

TRADING LEVELS:

Entry: 17737c
Target: 16750c
Stop-loss: 18170c
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