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Peet_Serfontein

RDF: bouncing from major support?

Long
REDEFINE PROPERTIES LTD (JSE:RDF)  
Peet_Serfontein  
JSE:RDF   REDEFINE PROPERTIES LTD
Trend Analysis Technical Indicators Chart Patterns
4
1
trendanalysis indicator chartpattern
The narrow upward sloping range (inclining channel) remains of interest.
RSI leaves enough room for further upside price potential.
Remains above its 200-day simple moving average.
Above R4.30 supports a bullish trend direction.
Downside momentum is forming a trough - supporting a bullish trend direction.

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