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Timonrosso
Feb 21, 2023 10:56 AM

Bear Diamond Pattern break down on City Lodge to R3.71 Short

CITY LODGE HOTELS LTDJSE

Description

Bear Diamond Pattern broken down
Bearish Engulfing
Target R3.71

CONCERNS:
This is one of those stocks that move in large Sideways consolidation areas for a long period of time. If the price breaks out of the range, we can get some traction to the upside. But this is not a trading haven.
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