Post by
joebravo on May 15, 2023 12:43pm
Following Similar Trading Pattern to Extendicare
It's actually retracing a bit just like Extendicare did the day following the release of their 1Q 2023 financials.
If you look at both charts, you'll see that Sienna is following the same trend as t.exe and as long as it keeps hugging the Upper Band of the Bollinger Band, it should continue to climb until it has a similar Yield as Extendicare.
Should eventually trade around $14 level to give similar Yield of under 7%.