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techpers
Mar 14, 2024 6:54 AM

CFR vs Top 40 

CFR/J200JSE

Description

CFR Richemont | Medium Term = High bullish momentum/approaching overbought + approaching unfilled gap. Also note, relative to the Top 40 Index, the share is trading 19% above it’s 200-day SMA. There is however a negative divergence as the previous relative high saw the share trading 32% above it’s 200-day SMA.
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