TSX:REI.UN - Post by User
Comment by
Saphoon Nov 20, 2020 1:59pm
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Post# 31942042
RE:Price action
RE:Price actionCANCDN wrote: With business restrictions coming this afternoon, I would have expected a pullback. With this moving up during the day, I am wondering if the pullback didn't happen (like I had expected last week when Ford initially said they are coming) and those on the sidelines are now realizing it...
if their is no major pull back at 330, then I think we have a floor in in the upper 16ies or 17 flat.
I agree about upper 16's. That will depend how long the lockdown will be? Anything over 4 weeks will bring it further down.
UK has been in lockdown for 3 weeks and number of cases are still very high.