TSX:AX.PR.E - Post by User
Post by
garyreinson Jan 17, 2025 9:45pm
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Post# 36409956
AM I OVERREACTING?
AM I OVERREACTING?On one hand, you have some REIT charts that corrected 10% or so, 50% retracement to June levels, possibly ready to make another big move up and make higher highs.
On the other hand, you have XRE, DIR, HR,D.UN, NWH.UN at June lows or lower that look to be in free-fall with an additional leg down every other week
The question then becomes are the reits that held up with a reasonable buffer over spring/june levels about to totally CAVE / BEND OVER as WELL
OR is the technical turnaround going to start any week now