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Possible SHS on JSE:AEL

Is it a possible SHOULDER-HEAD-SHOULDER forming?

The MACD very close to make a positive move which can be a signal to complete the shoulder on the right.

We might see a downtrend at the end of our second shoulder or maybe a retest and then a downtrend.

I am not sure where the reversal might end, but wherever it ends it could be a good buy in opportunity.

I am new to this, but let me know your thoughts and please don't take this as financial advice.

Technical IndicatorsTrend Analysis

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