City Lodge looking great for upside to R6.46
Cup and Handle - Retest
7>21 SMA - Bullish
Price >200 Bullish
RSI >50 broken Neg Div.
Target R6.46
General Info
City Lodge (JSE:CLH) is a South African-based hotel group listed on the JSE in 2000. It operates in variety of hotels across South Africa, including the City Lodge Hotel, Road Lodge, and Town Lodge brands. You'll find the hotels mainly in SA (Johannesburg, Cape Town, Pretoria, Durban, and Port Elizabeth). But I believe it also has hotels in other parts of Africa like Botswana, Namibia and Mozambique.
7>21 SMA - Bullish
Price >200 Bullish
RSI >50 broken Neg Div.
Target R6.46
General Info
City Lodge (JSE:CLH) is a South African-based hotel group listed on the JSE in 2000. It operates in variety of hotels across South Africa, including the City Lodge Hotel, Road Lodge, and Town Lodge brands. You'll find the hotels mainly in SA (Johannesburg, Cape Town, Pretoria, Durban, and Port Elizabeth). But I believe it also has hotels in other parts of Africa like Botswana, Namibia and Mozambique.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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