$JSECLH - City Lodge: No Clear Pattern, Still Consolidating

CITY LODGE HOTELS LTDJSE

Description

⋅ Apr 12, 2024 3:09 PM

See link below for previous analysis.

City Lodge has not taken off as I anticipated.
The stock has continued to consolidate sideways without a clear pattern though we have two areas of support and a resistance zone.

I have no view at this stage and I will sit on my hands on this one.

Trend Analysis