OCA - Oceania Group - retirement villages

[Waltzing]

I hold some in one portfolio and trade it sometimes in another. TA says it may be due for a pull back soon?

[Beagle]

I hold some in one portfolio and trade it sometimes in another. TA says it may be due for a pull back soon?

I expect a break up through the 100 day moving average next week, (probably on Monday), which is a very bullish TA signal.

[Waltzing]

After the FED meeting , The Brilliant MR B?

https://www.cnbc.com/2020/06/05/look...eek-ahead.html

[winner69]

I expect a break up through the 100 day moving average next week, (probably on Monday), which is a very bullish TA signal.

Cool if that happens seeing MA100 is 1.0557

Mind you that MA100 is as flat as a pancake ....is that good

[Waltzing]

The US is expecting a continuation of S&P 500 moving up. Not sure if this will translate to the NZX. The NZX may move up simply as the ECB and FEB enlarge there monetary policy and MR B may get his target.

[King1212]

My gut feeling said..it might be pull back as many will do profit taking....maybe not Monday but could see throughout the week. As many bought in low....now the time to sell at high...

So ...let see aye

[nevchev]

Im amazed by the US markets.Rioting in the streets,over 100,000 dead from corona virus which is still not under controll and the highest rate of unemployed since the second world war.Donald says he's winning on all fronts so everything must be ok!!

[Baa_Baa]

Cool if that happens seeing MA100 is 1.0557

Mind you that MA100 is as flat as a pancake ....is that good

I'm not seeing that Winner, MA100 is at 0.94 and still declining. MA200 confluence with 61.8% Fib retrace at $1.00 brings back into play a big resistance band up to $1.11. Support at $0.88.

[Waltzing]

MA 100 is declining but if we see the markets pricing in 12 to 18 months as suggested by global markets than Mr B may be correct and the decline is priced out. If it does pull back its a trade. DISC: hold OCA in one portfolio and Trade in another.

[RupertBear]

Probably not many were traded in the 40’s and 50’s . My view at the time was well maybe they might go to 20 c and Maybe the aged care population was going to be decimated and nobody would be going near a retirement village. I did swap some Somerset for OCA at a higher price and I think that will prove to be the right decision.

I was one of the lucky ones that topped up @$0.42...felt the fear but decided at some time in the future this one should be ok. Did the same with THL @ $0.61, PLX @$0.50, SKO @ $1.12 but felt a lot more fear as I wasnt sure if these businesses would even survive. So far so good but who knows what the future will bring so while I am feeling grateful I am watching very closely.