DOW 1.44% $5.47 downer edi limited

anyone got some info on this one, page-4

  1. 192 Posts.
    Downer has much future work on its books. A negative about the group is the millenium train project delays and if the group will get further contracts for the millenium trains. That's why yesterdays announcement(although nothing solid) caused a spike.

    The chart looks great with the large rise yesterday reaching the past resistance level.

    I don't know how the share price will behave in the short term (if it steps up above the 92c level) but for the long term I think it is good.

    I hold DOW.
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