Tsogo Sun Hotels Analysis

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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.

Penafian

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