Peet_Serfontein

RLO: corrective wave?

Short
JSE:RLO   REUNERT LTD
A bearish trend is applicable.
The ideal short entry is around 6200.
Increase short exposure for a break below 6000.
The target price is set at 5700.
Stop-loss price is set at 6400.
A complete Elliott wave 1 to 5 waves unfolded and a corrective wave might unfold.

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