runyamhere

Richemont in a Nice Squeeze

Long
runyamhere Updated   
JSE:CFR   COMPAGNIE FINANCIERE RICHEMONT SA
CFR seems to be gathering steam to push up, it has found itself in a squeeze right at the end of the chart. Will see confirmation in the new year. The volumes around this time can be a bit misleading.
Trade active:
I take 78% profit on CFR, waiting to see if the it can run to R125 on the balance.

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