TradingView
TiggzzPhi
Sep 6, 2020 5:44 PM

JSE:CLH - B/o imminent (D) 

CITY LODGE HOTELS LTDJSE

Description

JSE:CLH - On the verge of a breakout, looking for 233 (Blue line) as support
Comments
harolds63751
What price do you take profit.
TiggzzPhi
@harolds63751, Looking at 365 with upside break
harolds63751
@TiggzzPhi, What target price.
TiggzzPhi
@harolds63751, 21 Aug high @ 623 if momentum continues
harolds63751
@TiggzzPhi, it is at 320. do you think it will reach 600.
riaan01
What do you mean on the verge of a breakout
TiggzzPhi
@riaan01,Hi Riaan,
I meant the price being squeezed between the two falling trend lines
harolds63751
@TiggzzPhi, Hi. Do you think Clh will carry on with momentum to reach target.
TiggzzPhi
@harolds63751, I think so but it will take a while.
Following the break, I am now looking at the trading range 244 - 318 and breaking above this the next resistance is 421.
harolds63751
@TiggzzPhi, it is at 320. will it go higher now.
More