What can be said? higher highs and higher lows. Bond alternative and focused in the residential REIT market. Renting is a bigger market than ever in Canada with record house prices and stale wage growth. The dividend is pretty competitive. Lots of upside to come, especially with Canadian rates to come down. I will hold and reflect on the price in the fall. Buy...
Sell 22.8 for XGB the long Canadian bond ETF. I would hold on the interim and rake the dividend. Canada is going to drop rates to zero, if Canada doesn't its dollar will get too expensive. 0.50$ upside left. Enjoy the easy dunks.
Buy line and sell line. Play this until a week before next fed meet up. Rates will be cut. If first cut is big I dump if not I hold and sell just before next cut.
Love this stock. It trades a 10$ spread regularly. It trades on both gold and oil, but mostly gold. Pays a dividend. More higher lows, we will see if there is higher highs. The volume is consistent. Love the stock. I start selling above 105 and start buying below 95.
Higher lows and higher highs. On a back drop of lowering volume. I expect to be compared to a gold bull, but I would say that gold is just bullish. Expect a pull back to the lower trend line. That will be my re-buy line. Currently selling off my current position at these highs. I like profits more than I like gold.