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$BPY posted earnings with PEAD projecting a slight bullish outlook after Negative over reaction after earning. Price is currently trading around the upper boundary of the projected PEAD cone. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
SHORT. Expecting prices two hit previous resistance then continue the uptrend
$ BPY $BPY.UN has a great portfolio of residential/office/ commercial properties. It s now trading at 30% of NAV. The malls has been affected by Covid 19 but the great location would help BPY to survive this crisis like the ones before. I think 2 senario for the shares: 1- No Div Cut 2- Div Cut The second scenario may cause the shares to drop in a short term...
Strong buyers @ demand after correction for continuation to the upside