Richemont just broke out of the Falling Wedge target R327

٢٠ أغسطس

Falling Wedge (Flag pole) has formed over the last few months.

We then had a breakout above the Wedge alone with a breakout above the downtrend (Action line)

We believe the nature of the analysis is High probability where the price is above 20 and 200MA.

The target is at R327.51