MIX mirvac industrial trust

Over the last 4 months,MIX has been in a tight trading range...

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    Over the last 4 months,MIX has been in a tight trading range (between 0.07 & 0.08),but it is holding near the 2 year high of 0.093.
    Bollinger bands are tightening.
    This long period of price indecision is not going to last forever......It will break one way or another,almost certainly to the upside.
    Once this happens,the usual "technical" pattern is that of a very sizeable move in a very short period.
    I woun't be surprised to see 50% or even doubling of the SP on decisive break of 9c.
    Just some technical observations without saying much about the compelling value.
    I am still adding to my fairly large parcel even at current "high" prices.
 
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Currently unlisted public company.

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