Stockland Corporation Ltd (ASX:SGP)

Screen Shot 2016-08-04 at 6.40.43 pm

Stockland has had a huge run up for the past 6 months, & now its consolidating above its long term resistance. I’m inclined to short it if it reverses below the trendline strongly. But if stays above with strength, it would signal further upside potential, so trade accordingly.

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