Main signals are mentioned on the chart
Buy 28.00 breakout
Stop-loss 26.44 (-1 tic 26.45 current fractals' low)
Short-term target 33.00 (according to Elliots' waves and resistance levels target determining)
Risk\return ratio 1:3
ARR bought out JMI today. This REIT already has a nice Dividend of around 20%. Even if they cut the dividend I think it has room to go up more. I am looking for a price target of around $22.00 Thoughts?