Long

JSE:RPL RDI Reit Accumulation

110
Although RDI Reit has been in an overall downtrend on the weekly we are potentially seeing an accumulation range that has formed that should result in a backtest on the larger TF. We have gone through the Wyckoff Phases and potentially are seeing a last point of support (LPS) after some signs of strength (SOS). Some but not very high volume on up bars could point to someone buying into the stock after a high volume spring.

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