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$JSECFR - Richemont: Buy The Dips

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JSE:CFR   COMPAGNIE FINANCIERE RICHEMONT SA
After a 41% decline from 25044 to 14734, CFR has had a strong run to new all time highs.
The move from 16852 has a classic wave ((iii)) look and therefore the implication is that CFR is still trading within wave 3.
A correction for wave ((iv)) will provide a good buying opportunity.

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