TomKirk

CMW Long idea

Long
TomKirk Updated   
ASX:CMW   CROMWELL PROPERTY GROUP
-69 Week ascending triangle breakout with confirmatory volume
-5 Week congestion upon breakout with horizontal bounds for the most part
-Daily Bollinger band contraction hard
-Very attractive quarterly dividend of 2.09c

Still on my watchlist and is peculiar it did not breakout with the run up the XJO has had of late. 30 basis points planned. Will buy above 1.090 if attractive R/R presents
Could be a great window to add this stock to a portfolio for those that are hungry for dividends
Comment:
Stop buy order in place into the close
@ 1.100 with stop @ 1.070
Comment:
Pulled my order, No trade
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