* Great earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a ~2 month base forming a cup and handle
* Breaking out with higher than average volume
Trade Idea:
* Now's a great time to enter as the price is very close to the broken level
* Looking at the weekly chart, it seems like this is ready to move now.
Caution:
* Consider exiting the trade if it makes a daily close below $54.56 and makes lower lows for 3 consecutive days
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a ~2 month base forming a cup and handle
* Breaking out with higher than average volume
Trade Idea:
* Now's a great time to enter as the price is very close to the broken level
* Looking at the weekly chart, it seems like this is ready to move now.
Caution:
* Consider exiting the trade if it makes a daily close below $54.56 and makes lower lows for 3 consecutive days
Comment:
CUBE is still offering a great entry point if you're not in already.