2 ASX Sectors, 2 Massive Reversals: Time to Buy
By Janine Cox and Fil Tortevski
Two ASX sectors have staged huge rebounds recently, delivering moves not seen in years, and that spells a massive opportunity for investors who time things right. In the latest episode of the Australian Stock Market Show, Wealth Within analysts Filip Tortevski and Janine Cox are joined by Blueberry Markets’ Zoran Kresović to break down exactly what is driving the tech and real estate sector reversals and profile the individual stocks setting up for the next leg higher.
The tech sector is leading the charge, buoyed by the NASDAQ’s strong performance in the US, finally spilling over into Australian-listed names. Meanwhile, the real estate sector is bouncing off key support levels despite rising interest rates, a clear reminder that price action often moves ahead of the news. With both sectors pulling back to critical technical levels on increasing volume, this is the time to prepare rather than react.
Why Tech and Real Estate Are Leading the Rebound
Janine highlighted that the real estate sector has bounced off a strong support level over three consecutive weeks, driven heavily by heavyweight Goodman Group. What makes this particularly interesting is that it is happening at a time when CPI and interest rates are rising, conditions that would typically suppress property stocks. Yet the price action is telling a different story, just as it did in the lead-up to the GFC when real estate stocks kept climbing even as rates increased.
The ASX tech sector fell harder than any comparable developed market during the recent sell-off, but the NASDAQ’s strong recovery is now flowing into Australian tech names. Filip noted that the domestic tech sector has historically underperformed its US counterpart, so the current catch-up trade could have significant room to run.
Zoran added that the energy sector also warrants attention, with stocks like Woodside and Santos breaking long-term downtrends, though patience is needed given oil’s stretched positioning. For beginners wanting to understand how to read these sector-level signals, Wealth Within’s Short Course in Share Trading provides the foundational strategies for identifying high-probability setups.
Stock Spotlight #1: BWP Trust
BWP Trust is a real estate investment trust that Janine described as one of the most overlooked property stocks on the ASX. While names like Stockland have plummeted, BWP has been far more resilient, trading in a long-term sideways trend that is now pushing higher. A move above the recent high around $4.10 would push the stock toward its all-time high.
Janine characterised it as a slow plodder that delivers steady yield and relatively stable price action, making it attractive for investors wanting real estate exposure without the capital required for direct property ownership. The key caution: the stock must hold above $3.80 on the weekly close. A break below would signal risk of a deeper correction back to prior lows.
Stock Spotlight #2: Life360
Life360 has experienced a severe correction, falling approximately 70–78% from its all-time high, making it the quintessential falling knife that Zoran cautioned investors to approach carefully. He classified the stock as a “yellow” on his green-yellow-red system, meaning it belongs on the watchlist but is not yet showing confirmed buy signals.
However, Janine offered a counterpoint: the stock has already bounced 31% off its low, and if the broader tech sector continues to recover, a sector-driven rise could push Life360 toward a short-term target of around $33 before potentially retesting its low. With a potential 100% upside from current levels if the reversal confirms, the risk-reward is attractive for traders who manage their entries carefully.
Stock Spotlight #3: Dicker Data
Dicker Data is approaching a critical support level around $8 on the monthly chart, with Zoran seeing potential for a new bull cycle if the stock can consolidate and push toward $10–$11. The near-term picture on the weekly chart shows sideways consolidation, and the stock has not yet confirmed a reversal.
However, if the tech sector’s recovery continues, Dicker Data could benefit as a leading indicator of consumer technology spending in Australia. A break above $11 would be the key signal that a longer-term uptrend toward $15–$16 is underway. The nationally accredited Diploma of Share Trading Investment teaches the pattern analysis and trade management skills needed to time entries on stocks like this with confidence.
Stock Spotlight #4: Goodman Group
Goodman Group is the heavyweight driving the real estate sector’s rebound, and Janine described its recent price action as a stellar run. The stock has not wasted any time at the bottom, rising in a steady manner rather than the volatile knee-jerk patterns seen in other names. This is a critical distinction: steady buying off a well-defined support level is a far more reliable signal than a sharp spike-and-fade.
The one concern hanging over Goodman is the prior all-time high from the GFC era around $30. If the stock can break through this level, it would enter blue sky territory. Zoran made a powerful point about risk management here: if you bought Goodman at its 2007 peak and held through the GFC, it would have taken nearly 20 years to reach break-even. That is 20 years of opportunity cost that could have been avoided with basic sell rules. This is exactly why learning when to exit is as important as knowing when to enter.
Stock Spotlight #5: Bravura Solutions
Bravura Solutions was both Zoran’s and Janine’s favourite pick of the night. The stock is coming back to the angle of its long-term trend and appears to have completed a major correction, now embarking on a new run. It is trading well above its IPO level, which is a positive structural signal.
The key level to watch is $2.00. If Bravura Solutions can hold above this support and push through $2.50–$2.60, there is significant upside potential. Zoran was emphatic that this was his favourite stock from the entire lineup, citing the consolidation pattern and the quality of the trend structure. For investors wanting to develop the skills to identify these setups early, the Advanced stock trading course covers the professional-level tools for pattern analysis and trade timing.
Stock Spotlight #6: GPT Group
GPT Group is the most polarising stock from the night’s analysis. Zoran described it as super choppy with no clear direction, making it unsuitable for longer-term positions in his view. However, Janine pointed out that GPT has historically delivered trading moves of 40–100% off major lows, and the stock’s current price action is not out of character with its history.
The stock is at a make-or-break level right now. If it can hold current support and push higher, a short-to medium-term trading opportunity exists. If it breaks below, the next support is around $4.20. Both analysts agreed this is one to watch rather than act on immediately, with the sector’s broader direction likely to determine whether GPT participates in the recovery or continues to lag.
Hot Stock Tip: Worley Limited
The week’s hot stock tip was Worley Limited, an engineering and infrastructure services company that has been impacted by Middle East conflict causing project delays and supply chain disruptions. The company’s 2026 financial year underlying EBITDA is expected to decline by $30–40 million, though no projects have been cancelled.
On the chart, Worley is in a downtrend on the monthly timeframe, testing crucial support near the $8–$9 level. However, the weekly chart tells a slightly different story, with the stock consolidating and suggesting a rebound toward $12.50, and then $13–15 if it can stabilise at current levels.
Zoran noted that Worley’s pattern shows higher lows since 2015, a pattern that has historically preceded aggressive expansion phases. The stock is being watched as a potential turnaround play for traders who can manage near-term volatility while positioning for longer-term energy and infrastructure demand.
Final Thoughts: Sector Reversals Create Once-in-Years Opportunity
The simultaneous reversal of the ASX tech and real estate sectors is creating an opportunity that may not come around again for several years. BWP Trust offers steady real estate exposure with yield, Goodman Group is the heavyweight driving the sector rebound, and Vera Solutions was the unanimous favourite for its clean trend structure.
In tech, Life360 offers high-risk, high-reward reversal potential, Dicker Data is consolidating near support, and GPT Group presents a make-or-break trading opportunity. Worley rounds out the lineup as a hot stock tip positioned at the intersection of energy and infrastructure demand.
As always, the key to profiting from these sector rotations is discipline: confirmation before entry, clear stop losses, and a willingness to let the chart tell the story rather than the headlines. If you’re new to the stock market, start with our Stock Market for Beginners guide.
To explore more expert analysis and market insights, visit the Hot Stock Tips videos. With over two decades of experience guiding Australians toward financial independence, Wealth Within has an impressive track record as Australia’s most trusted share trading educator, ready to help you capitalise on opportunities like these with confidence.
