NYSE:AMH   American Homes 4 Rent

- Funds are distributing
- High PE
- High PEG ratio
- Rate hike is not good for REITS

- Bearish momentum divergence ( first sign of bearish ) Must proceed with care if LONG
- Price broke down upward trend line
- Rejected trend line with long wick
- Formed head and shoulders formation
- Price below major S/R level confluence with 0.3 Fibo = Strong trend downwards


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