RobbyP

City Lodge- Long Stay trade

Long
JSE:CLH   CITY LODGE HOTELS LTD
City Lodge (CLH) - Upper resistance
R6.50 - Price has just smashed through the 50 day Moving average and looking bullish. We're long here at 5.43 for a bounce. It might also pay to hold this one a bit longer because if occupancies improve (which they should), we should see the stock aim much higher.
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