I am sure this is not the best time to make stock pick. But the market is actually not as bad as it may seems. If I look at my recent pick, actually only the china related stocks like BEKE/YSG are down because of the downtrend sentiment with nasdaq. If you look at my pick in ASX, all of the are still up since my recommendation, actually way up. One of the...
The Chart formation of VCX suggests to me that it may continue higher as it managed to bounce of decisively off the 200SMA and even managed to closed above the 50SMA and the Bearish Trendline with High Volume. I think it may go to retest the previous highs. MACD has also crossed indicating a continuation of the trend. TP1 - $1.750 (potential gain 6%) TP2 - $1.850...
$VCX.ASX stepping up the ladder one at the time. Vicinity Centers Operates as a real estate investment trust, which engages in the development, operation, and management of shopping centers. Market Cap: 6.285B Total Shares Outstanding : 3.719B Total Assests: 17.009B
Good potentiel for buying if it breaks the indicated level on the chart.
Even if this is a (B) wave rally, the share price could re-test the previous high of $3.6 or retrace 90% of (A)