Nutun Limited
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Transcap bottomed and could go up from here to R2.11

87
RISKY ANALYSIS alert.

It looks like the bottom is in for Transcap. But the downtrend is strong and there is a prominent resistance line that definitely needs to break first.

Also it's a medium analysis because the Price>20 but<200MA

We have a small W Formation that has formed and price has broken above the neckline.

So I have a small target of Target R2.87.

The analysis will play as long as the support holds at R2.11.

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