TSX:AX.PR.E - Post by User
Post by
garyreinson Jan 16, 2025 10:52pm
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Post# 36408349
Reverse the Oct-Jan downtrend here
Reverse the Oct-Jan downtrend hereLook at this chart which resembles some other REITS too. Now imagine it goes up in a "mirror" fashion. That will take us to mid/end of May which should "ideally" be close to the next fed cut in June which is being priced in at 50%, and when rotation money or investors should be "buying higher". This turnaround needs to get going, theres so much ground to cover and it will literally take 3-4 months to get back to the top of its trading range . market is forward looking yeah?
