Timonrosso

Richemont Short Formed W Pattern - Upside to come

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JSE:CFR   COMPAGNIE FINANCIERE RICHEMONT SA
Short formed W Formation
This is where the Right rounding bottom is higher and makes higher lows than left rounding bottom.
The RSI is above 50 and has broken its downtrend.
Target R205.60 to begin with...
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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