For clients who held onto APN, it's been a steady medium term long. Initially at R147.14 on 14 April and then follow up long at R163.58 on 28 May.

At these highs of 18692c, I think medium term traders could trim (say 40% of position) or raise raise stop losses if you think more gains are at hand.

Anyway, I'm a fan of using sunny days to sell...or reduce in this case.

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