MRG.UN Pennant flag breakout confirmed

Long

MORGUARD NA RES REAL ESTATE INV TR (TSX:MRG.UN)

Updated

TSX:MRG.UN MORGUARD NA RES REAL ESTATE INV TR

Consolidation of price in form of Pennant flag has been achieved and confirmation of breakout with heavy volume the past few days. Great buy at currents price and take profit at supports

Trade active:

Price breakout to 16.10 with volume and price increase to the next level at Resitance at 16.40 and subsequently at 16.70

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