S4 heading 4 lower prices? S4 Capital
Short Term - We look to Sell at 292 (stop at 314)
We look to sell rallies. Broken out of the channel formation to the downside. The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 223 and 210
Resistance: 290 / 350 / 500
Support: 250 / 200 / 150
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