JSE Richemont has been range bound between R88/R89 and R93/94 for the past 6 weeks. To the upside , a beak above the R93/94 resistance could open up to the R100 area; but on its way is has to break the 50dma which is around R95.50.
But a break below R88 could take us further down.
But a break below R88 could take us further down.