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Timonrosso

City Lodge crashing down to R2,29

Short
CITY LODGE HOTELS LTD (JSE:CLH)  
Timonrosso  
JSE:CLH   CITY LODGE HOTELS LTD
Trend Analysis Chart Patterns Technical Indicators citylodgehotels jse jse_top40 jsetop40 pennystocks pennystock
2
1
trendanalysis chartpattern indicator citylodgehotels jse jse_top40 jsetop40 pennystocks pennystock
Rising Wedge broken down
Inv C&H broken down
From the previous major fall, it seems like buyers and volume of demand is just not weighing up.
I can see this stock crashing down to the next target R2.29
What do you think?
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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