CTRE is a REIT focused on adult care facilities.
Overview beyond the technical analysis:
In the past, CTRE it has been recommended by highly experienced real estate attorneys as a long-term REIT for holding/dividends.
Given the aging boomer population and focus on healthcare amidst the pandemic, this REIT stands out from others.
Technical Analysis:
CTRE is approaching a golden cross in the coming week. Even if history does not repeat, it often rhymes.
2 of the 3 previous golden crosses for CTRE have resulted in 60% increase over the period of several months.
At the current price point, CTRE may be able to expect new ATHs in 2022.
Overview beyond the technical analysis:
In the past, CTRE it has been recommended by highly experienced real estate attorneys as a long-term REIT for holding/dividends.
Given the aging boomer population and focus on healthcare amidst the pandemic, this REIT stands out from others.
Technical Analysis:
CTRE is approaching a golden cross in the coming week. Even if history does not repeat, it often rhymes.
2 of the 3 previous golden crosses for CTRE have resulted in 60% increase over the period of several months.
At the current price point, CTRE may be able to expect new ATHs in 2022.
Comment:
Refer to similar idea here:
