MarcoOlevano

#CLH - City Lodge breaking out its long term triangle consolid..

Long
MarcoOlevano Updated   
JSE:CLH   CITY LODGE HOTELS LTD
Watch out - City lodge is breaking out this long term triangle bottoming pattern. I have 3 different targets based on the distances of the triangles within the larger triangle. I'd like to see a little more volume on this break but technically it looks good. More conservative traders can wait for a breakout above 5.05 for further confirmation
Comment:
Taking its sweet time but the successive time trading above the breakout is quite positive

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