TSX:CAR.UN - Post by User
Comment by
KC8on Jul 12, 2018 1:50am
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Post# 28304202
RE:RE:RE:RE:BOC raised interest rates 0.25% today
RE:RE:RE:RE:BOC raised interest rates 0.25% today
FineAutist wrote: A lot of the rate hike scare was already been priced in earlier this year, which is probably why we're seeing such an underwelming response to the announcement. CAR.UN will be fine.
I would tend to agree with your assessment.
The chart is starting to look a bit rich at this time to me. I would not be surprised to see a slight pull back to the 10 week M/A, from which a new base will could be formed. Then working its way up to more new hiighs. My opinion only.