ChemistNate

SRU.UN set to churn for several weeks

ChemistNate Обновлено   
TSX:SRU.UN   SMARTCENTRES REAL ESTATE INVESTMENT
The weekly chart had a notable bearish trend from March 2022 to June 2022.
This was retraced by 50% (mid-August), and then the downtrend continued.
We have broken below June's low (the year-to-date low).

I believe sellers are exhausted, but there are not many catalysts for a rally here either.
I expect SRU.UN to be mired between 26 and 27 for several weeks.

I am likely to accumulate some SRU.UN if the price dips below 26.
Сделка активна:
I FOMO'd into this stock at 27.72

I bought shares, long.
Сделка закрыта вручную:
I panic solid these stocks at a loss (27.19) because I'm getting increasingly bearish on the entire Canadian Real Estate sector.

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.