* Good earnings
* Very Strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a flat base of roughly 6 weeks with higher than average volume
* Pays out dividends quite generously since it's a REIT
Trade Idea:
* Now's a great time to enter as the price is just breaking out and is very close to the broken resistance.
* The REITs sector is also doing pretty well at the moment
* If you're looking for a discount you can look for a buying opportunity near the $62.50 to $63.30 area
Caution:
* A daily close below $62.50 would negate the idea
* Very Strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a flat base of roughly 6 weeks with higher than average volume
* Pays out dividends quite generously since it's a REIT
Trade Idea:
* Now's a great time to enter as the price is just breaking out and is very close to the broken resistance.
* The REITs sector is also doing pretty well at the moment
* If you're looking for a discount you can look for a buying opportunity near the $62.50 to $63.30 area
Caution:
* A daily close below $62.50 would negate the idea
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.
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.