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JSE:RPL RDI Reit Accumulation
Although RDI Reit has been in an overall downtrend on the weekly we are potentially seeing an accumulation range that has formed that should result in a backtest on the larger TF. We have gone through the Wyckoff Phases and potentially are seeing a last point of support (LPS) after some signs of strength (SOS). Some but not very high volume on up bars could point to someone buying into the stock after a high volume spring.
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