SGP 0.00% $5.15 stockland

Shorting the Housing Bubble in Australia, page-54

  1. 16,324 Posts.
    lightbulb Created with Sketch. 160
    And the dovish BS of the Fed Reserve continues.... market went up and ours rebounded.... SGP also has rebounded... quite well at + 1.69% today.

    The downtrend is absolutely intact IMHO.... it tried hard to break the last $4.25's from 20/01/2017 and from recently 11/07/2017... NO CHANCE

    Highest of $4.24 and close down to $4.22.... Once this resumes the trend we should be seeing a re-test of $4.13's and then $4.03's.....

    Rate Rises are coming up... and so the banks will act.....

    cheers

    T10
 
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