City Lodge has been forming a Symmetrical Triangle since November 2022...
It constricted into the apex and as most chart patterns, it broke above showing strong demand and buying momentum.
Now with the holiday season and with more people going on vacations, we can expect the price to continue up.
The first target remains at R5.44.
Great to have in ones portfolio regarding diversification with hospitality.
It constricted into the apex and as most chart patterns, it broke above showing strong demand and buying momentum.
Now with the holiday season and with more people going on vacations, we can expect the price to continue up.
The first target remains at R5.44.
Great to have in ones portfolio regarding diversification with hospitality.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)