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Woodcutter

JSEcfr Richemont Short until gap fill

Short
COMPAGNIE FINANCIERE RICHEMONT SA (JSE:CFR)  
Woodcutter Updated   
JSE:CFR   COMPAGNIE FINANCIERE RICHEMONT SA
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Cfr has been under pressure along with the luxury segment and could reverse after filling the gap by dipping below 2000, which could act as a springboard for a recovery.
Comment:
note the positive divergence on the RSI, this share is deeply uncomfortable right now. will have to see how the opposing forces play out
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