Looks like its not far off testing 800 again?
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Indeed, although resistance does look strong at that level.
Having said that, the most recent US state job stats were pretty good, a common "leading indicator" of global sentiment.
Happy to hold :cool:
I'm not so sure about $8 being a strong resistance level, it failed to break out of $8 last month but it doesn't look like a major resistance point. It seems to have gone through $8 just as many times as it has bounced off $8 in the last few years. I think potentially more resistance at around $8.50. Once it gets past there, I think we start to look at $10.
Again, I think there is more upside potential than downside.
Nothing we didn't already know about RYM, but worth a read.
http://www.nzherald.co.nz/business/n...ectid=11552469
Ryman maintain a place on the BCG Top Value Creators globally in the healthcare segment - ie Total Shareholder Returns
Ranked 5th - even with a rerating down by the market (lower P/E) but growth and margin increases pulled them through
Well done Ryman
RYM will have to speed it up in the next few years to keep up with demand.
http://www.nzherald.co.nz/business/n...ectid=11557046
Up 8% in 12 working days. Subtracting the cost of funds, that gives me a total return of about 7.7% for 12 days.
Happy with that!
Yes all good above $ 8.00 again thats a long way off some posters on here incessant call for $ 6.50 ....."tell him he's dreaming "
That's the beauty of it LAC. There is no way RYM can keep up with demand in NZ and Victoria for the next 5 years let alone the next 20, and neither can their competitors.
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