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EarlHoldings

GRR profit taking may push down into 40s

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GRANGE RESOURCES LIMITED. (ASX:GRR)  
EarlHoldings  
ASX:GRR   GRANGE RESOURCES LIMITED.
Trend Analysis Fundamental Analysis
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trendanalysis fundamental
GRR closed below the 50d MA today and has been sold off over the last few days on volume. This may be profit taking before EOFY, or investors recognising that iron ore prices are reaching a top at these high levels. Good buying opportunity in 40s.
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