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RDF Weekly Breakout
REDEFINE PROPERTIES LTD
Long
RDF Weekly Breakout
By ConnieBezuidenhout
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Updated
Nov 25, 2020
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Nov 11, 2020
RDF seem to be lagging the sector.
Solid base established between 200 & 220
Downtrend broken.
Volume increasing and price above 10ema
Weekly close above 10ema would confirm long idea
250 would be break of the consolidated Box it was trading in
Potential targets: 350, 400 and gap close at 450
Disclaimer: This is my personal view and opinion and should not be taking as trading advice
Nov 25, 2020
Comment
Strong resistance of 250 has been broken on good volume...
Chart Patterns
Technical Indicators
Trend Analysis
ConnieBezuidenhout
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