TSX:AX.PR.E - Post by User
Post by
garyreinson Nov 28, 2024 4:25pm
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Post# 36336293
TECHNICAL ANALYSIS NOV 28
TECHNICAL ANALYSIS NOV 28 Support is not broken here though it looked like it was at the doorstep on Tuesday.
We simply need to jump above that $16.15 marker (2%), and theres easy 5%+ more upside from there on the chart, with 10% to Sept highs.
BOC cut Dec 11 with some drop in long duration bond yields should do the trick
Only bad NOV INFLATION or a hawkish dot plot by powell can really throw cold water on this trade