Peet_Serfontein

RDF: bouncing from major support?

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JSE:RDF   REDEFINE PROPERTIES LTD
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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