$JSECFR - Richemont: Buy The Dips
After a 41% decline from 25044 to 14734, CFR has had a strong run to new all time highs.
The move from 16852 has a classic wave ((iii)) look and therefore the implication is that CFR is still trading within wave 3.
A correction for wave ((iv)) will provide a good buying opportunity.
The move from 16852 has a classic wave ((iii)) look and therefore the implication is that CFR is still trading within wave 3.
A correction for wave ((iv)) will provide a good buying opportunity.
