Purple Bricks is an interesting play on the UK property sector. Demand for properties in the UK is certainly a strong potential factor for growth right now. The balance sheet is strong, hopefully its put the bear case which create the stage 4 downtrend is now behind it. The stage 4 trend appears to have now run its course.
Its a nice 10 week base which could hopefully so a confirmation of the stage 2 breakout which is what I will be looking for.
Its a nice 10 week base which could hopefully so a confirmation of the stage 2 breakout which is what I will be looking for.