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LD_Perspectives
Dec 6, 2019 8:13 AM

Resilient REIT  Long

RESILIENT REIT LIMITEDJSE

Description

Equities | RES Resilient REIT

A longer term view. RES trying to break to the upside of a 22-month base consolidation.

Resistance currently around the 7000c level, with higher lows having been developed.

Price > 50-day & 200-day MA's, both of which are turning higher.

In the words of Louise Yamada: "the bigger the base, the higher the space"
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