TSX:NWH.DB.G - Post by User
Post by
BSdetector2016on Jul 11, 2024 6:43am
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Post# 36127759
NWH.UN may have found its bottom
NWH.UN may have found its bottomI like the double-test of $4, first in October 2023, and then again in March 2024. IMHO, with the Alzheimer election in the US this fall, I expect a repeat of the 2022 and 2023 October market crashes, so the $4 level could be tested for a third time inside of a year. If the Democrats can replace Biden with a viable candidate in the under 60 category, then we will have the usual and predictable election year rally.
With some interest relief coming this dead REIT could start climbing again. The question is: Is it safe to accumulate now?