DOW 0.00% $5.81 downer edi limited

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  1. HSP
    4,103 Posts.
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    On 19/4/17, I posted "Bad news ran out
    The fund is ready now
    The market has prepared worst already imo
    Short term resistance may be $5.95
    Long term resistance may be $7"

    My both targets have been reached. The resistance became a support now.
    My new target would be $8.80 as 2 reasons,
    1) P/E is much cheaper than peers
    2) today upgrade

    "Downer's total 2018 net profit after tax guidance of $280 million exceeds the market expectation of around $265 million and Citi analysts' $262 million forecast"-------copied from APP
 
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Buyers (Bids)

No. Vol. Price($)
1 1500 $5.81
 

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Price($) Vol. No.
$5.52 2302 1
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