APN

ASPEN PHARMACARE (APN, 15772c) | As a medium term trade idea, my last sell as on 29 September 2021, the most recent peak while as a tactical trade, I recommended it as a short/sell last week. I looking at it as a buy/long as the price trades at three confluence levels: (1) trend line extending back to Aug 2019 & March 2020 (2) the April 2021 breakout level & (3) the lower boundary of the channel extending back to the peak of 29 September 2021. I don’t know how the market will open but I am looking at 15720 to HOLD as a pivot. Stop: 14830c. Target: 16800c to 17000c. These are provisional levels.