Selmax,All Reits are well oversold at present with CNP being a...

Selmax,

All Reits are well oversold at present with CNP being a standout, but remember all ships lift on a rising tide.

That being said, we have seen some fantastic volume , which we really need if we want to make any headway into the high 30s.

In our favour we have a strong $AU , a stock that was well and truly oversold by some nervous shareholders , a few unexpected stop losses being hit and a few instos starting to buy up and dip the toes back in the water.

The chart shows CNP still accumulating around 32 to 35 , before the next push, so Selmax, if you want back in, there will still be an opportunity in the low 30s , but i cant say with certainty for how much longer.

DYOR, Mine is purely for my entertainment only . :-))))