SteynTrade

JSE:GRT Growthpoint Falling through the Ice

Short
JSE:GRT   GROWTHPOINT PROP LTD
Following the larger distribution trading range (TR) of Growthpoint (See link below) in Wyckoff speak we are falling through the ice. This the markdown in Phase D taking place. We are now looking for a break of the trading range (TR), a backup (BU) and then the markdown to start in Phase E is expected to start.

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