TomKirk

Cromwell Property Group investment idea

Long
ASX:CMW   CROMWELL PROPERTY GROUP
-69 Week ascending triangle breakout with confirmatory volume
-Congestion upon breakout with horizontal bounds for the most part
-Daily Bollinger band contraction
-Very attractive quarterly dividend of 2.09c
-Short selling available (at this time) for the purposes of hedging

30 basis points planned. Will buy above 1.090 if attractive R/R presents

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.