TSX:AX.UN has a NAV near CAD$19.
It has been viciously beaten down from its high.
It is now below is 0.5 fib from the Post-COVID bull run
I would personally wait to buy until it reaches the 0.618, and I would wait for confirmation of a reversal on the weekly chart.
I am personally more likely to purchase TSX:SRU.UN (SmartCenters) if Canadian RE starts to rally...
