Pair trade: Selling NPH vs Buying SSW

NPH likely to underperform SSW.
A bearish trend is applicable below the 200-day simple moving average.
Increase pair exposure for a break below 3.9725.
The first target price is set at 3.8090.
The second target price is set at 3.6905.
Fading upside price momentum according to the MACD supports the trade idea (see the lower panel.
Chart PatternsTechnical IndicatorsTrend Analysis
Peet_Serfontein

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