Richemont (CFR, 280455c) | The share remains below it's declining 50-day EMA which supports a bearish medium term 'trading' bias. The share trades at the mean of it's downward trending 50-day linear regression trend channel which, on a standard deviation basis, is neither bullish or bearish while since since 20 July, the share has traded in a sideways (consolidation) range. Note: The price is nearing a ‘first’ re-test of it’s rising 200-day simple moving average which is level at which long term traders often look to accumulate.