There are so much hype about the global inflation stories ongoing every day that could create too much noise for investors.
I find financial institutions with good dividend payout, stable cashflow and a proven business model attractive as a form of defensive play. Great Eastern happens to be one of them.
After 2 long years of downtrend, it has now settled at the resistance turn support level at 20.48.
I expect price to continue going up slowly and nicely over the years.
I find financial institutions with good dividend payout, stable cashflow and a proven business model attractive as a form of defensive play. Great Eastern happens to be one of them.
After 2 long years of downtrend, it has now settled at the resistance turn support level at 20.48.
I expect price to continue going up slowly and nicely over the years.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.