Get started
GROWTHPOINT PROP LTDGROWTHPOINT PROP LTDGROWTHPOINT PROP LTD

GROWTHPOINT PROP LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

GRT trade ideas

$JSEGRT - Growthpoint Prop Ltd: Is Seven Years of Pain Over?The share price of GRT has been in a bear trend for over seven years. Dividends from REITs help sooth the pain of capital losses from declining share prices. The price pattern from the May 2013 peak to date looks like a flat pattern labelled ABC. I have tentatively labelled the C wave but price action from the March 2020 low fits the wave iv triangle pattern which would suggest the bear isn't just over yet. A clear break above 1610 zac will invalidate the triangle outlook but still, there is no evidence of impulsive price action.
JSE:GRT
by Loyiso_BlaqueSoros_Mpeta
Will the Presidents address change the bullish picture of GRTWe had a golden cross on the stock a few weeks ago. As the stock seems to lead the recovery of the property stocks. Property stocks were amongst the most hit in the COVID-19 crash. Again took the longest to initiate recovery. I suppose uncertainty around dividends from REITs, in light of the COVID-19 lockdowns impact on the companies. Makes it hard for investors to have conviction in the companies. After the golden cross the stock rallied and pulled back, each time staying above the 50d EMA forming rising bottoms. I’m waiting for a close above R15, and I’ll add to my position on the stock. This picture may be turned on its head after the President moved us to level 4 lockdown.
JSE:GRTLong
by VillageTraderZA
GrowthPoint Properties LimitedA nice channel is developing, but it must break above R15 to give me confirmation that it is still in an uptrend. It's at a major support level now (14) and if it breaks lower then I believe R13 could be tested. If it breaks lower that should be fine as long as it doesn't confirm a new lower low - I want to see it above R13.20 for me to feel confident. My stop loss is at R12.50 - at this point, I will cut my losses and accept an 8% loss on capital. What are your thoughts? Are you a buyer or a seller?
JSE:GRTLong
by TalkingCents
Trade Alert: Growthpoint's Golden Cross (GRT)Growthpoint’s Golden Cross Currently trading within a year-long base/consolidation range, Growthpoint Properties (GRT) has developed a golden cross technical signal whereby the 50-day Simple Moving Average (SMA) crosses above the 200-day Simple Moving Average (SMA). This suggests a potential change in trend and an acceleration on the short term time frame. BUY. Trade Levels: Current Price: 1411c Entry (Range): 1400-1415c Stop-loss: 1345c (-4.6%) Targets: 1575-1620c (+11 to +14.6%) Time Exit: (+-) 15 April 2021
JSE:GRTLong
by LD_Perspectives