The relative strength in selected property names have been of interest to me. You may recall in February we presented the monthly chart for the SA listed property index (J253) as one which could see a recovery (see attached).
(The JSE removed all indices from trading view, including the All Share J203, so I am comparing it to the Top 40 J200).
RDF has been trading well, holding near multi-month highs and attempting to emerge from an 18-month base. Holding 447c will be key.
Interested in the standalone Redefine chart to catch a glimpse of how I'm seeing it, or how I'm looking at other property stocks? Get in touch today.
(The JSE removed all indices from trading view, including the All Share J203, so I am comparing it to the Top 40 J200).
RDF has been trading well, holding near multi-month highs and attempting to emerge from an 18-month base. Holding 447c will be key.
Interested in the standalone Redefine chart to catch a glimpse of how I'm seeing it, or how I'm looking at other property stocks? Get in touch today.
