Still trading in a downward channel. But it seems like it may have bottomed at $4.85 on 27 March 2008.
Breakout on Monday? $5.70 would be breakout level. Immediate target is $5.83 (5.83-5.69 gap cover) followed by $7.12 (7.12-7.08 gap cover).
The problem is that I haven't seen broad based moves across property counters nor any news to suggest improved sentiments for property developers.
No comments:
Post a Comment