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JSE:CLH possible long opp

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CITY LODGE HOTELS LTD (JSE:CLH)  
AcolyteTrader  
JSE:CLH   CITY LODGE HOTELS LTD
Support and Resistance Triangle
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supportandresistance triangle
Price is forming this ascending triangle. The LT trend is down so taking a long pos here would be trading against the trend. There is a 1:6 R/R ST. Manage you risk accordingly
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