Tsogo Sun Hotels Analysis
Tsogo Sun is generally in a horizontal trend with the 138 - 140 range sitting as a very strong support. 180 is the targeted resistance, reaching that price from the current 150 would yield 20% in returns. A drop however to the 140-138 would be a 6-7% drop in value.
Trade volumes should be considered however as it could take a while to peak at 180 again.
Unlike the rest or most of the market, Tsogo Sun has had a very tame week. This makes it harder to try see where the share price might go next.
Trade volumes should be considered however as it could take a while to peak at 180 again.
Unlike the rest or most of the market, Tsogo Sun has had a very tame week. This makes it harder to try see where the share price might go next.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.