HIGHER MOVES EXPECTEDWe can expect RDF to move higher to FIB 61.8. This will happen from anytime now till next year Jan I would say in my opinion
JSE-RDF
JSE:RDF Redefine Properties the Move is Now OnI have been waiting for this significant bar since March - see post below -. A significant bar with some increased volume yesterday could get things going to higher prices. It is pushing away from the yearly pivot point and we could see some momentum now.
JSE: Redefine Properties Markup?After following Redefine down since mid-2019 it is time to follow it up - see posts following it down below - it is now time to follow it up. A base was formed starting in March 2020 which has turned out to be an accumulation trading range. A last point of support (LPS) was formed making higher highs with signs of strength (SoS) with some volume behind the move. After reaching the top of the trading range we have seen a pause but the price has not been able to break back into the trading range and we are now watching for the markup to begin with a significant bar higher.
JSE:RDF Redefine Prop Markdown ContinuesThe re-distribution of Redefine has completed and price is breaking lower. The markdown is gaining speed. See posts below following distribution.
