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Timonrosso

Richemont Short Formed W Pattern - Upside to come

Long
COMPAGNIE FINANCIERE RICHEMONT SA (JSE:CFR)  
Timonrosso  
JSE:CFR   COMPAGNIE FINANCIERE RICHEMONT SA
Trend Analysis Chart Patterns Technical Indicators CFR richemont jse jse_top40 jsetop40
2
0
trendanalysis chartpattern indicator cfr richemont jse jse_top40 jsetop40
Short formed W Formation
This is where the Right rounding bottom is higher and makes higher lows than left rounding bottom.
The RSI is above 50 and has broken its downtrend.
Target R205.60 to begin with...
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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