The Yield looks great
But the Chart shape looks like it will take a hit down to 8- bucks
Im expecting a break of 10 bucks and a slide,
Purely based on the Chart,
The Yield and franking is great, mabe some bad debts or some bad news will kick it down.
On the BULL case, if the massive down trend breaks out to the Upside, then a 25% rally could come off that.
But the down trend chart shape is still there, and the TREND will only END when it BENDS.
What will Turn the Trend??? Mabe the $10- Level will force the BEND.
Sorry, but Cant be a Buyer on Yield alone, The TREND needs to BEND first.
The Yield looks great But the Chart shape looks like it will...
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