TomKirk

Cromwell Property Group investment idea

Long
ASX:CMW   CROMWELL PROPERTY GROUP
-69 Week ascending triangle
-Good weekly volume
-Price is consolidating after breakout of triangle which was confirmed by high volume
-Bollinger band contraction on daily chart
-An office REIT with an attractive dividend of 2.09c paid quarterly

Will risk 30 basis points and buy at 1.100 if I have an attractive and logical stop
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