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Writer's pictureLester Davids

GROWTHPOINT PROPERTIES (GRT): Real Estate Stands Out - Friday, 12 July 2024

Updated: Jul 15

Scanning for opportunities in the U.S last night, the real estate sector stood out as a theme, with several ETFs being reflected on my screeners.


Screener as of 21h30, Thursday 11 July













Considering local opportunities, GRT is a setting up as a potential continuation trade. The share is developing pennant formation which is triggered above 1247c, with a target of 1302c. The setup is temporarily invalidated on a daily close below 1216c.


GRT chart after Thursday's close.


Lester Davids

Analyst: Unum Capital



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