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StocktimusBob

DHC - Bullish Trade Idea - 2 Scenarios

Long
Diversified Healthcare Trust (NASDAQ:DHC)  
StocktimusBob  
NASDAQ:DHC   Diversified Healthcare Trust
Chart Patterns Pennant Supply and Demand
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chartpattern pennant supplyanddemand
I can see two bullish scenarios here on the weekly chart. Either a bull pennant break or a dip to weekly demand zone and then bounce to weekly supply zone. Max sell target is $2, risk the break of $0.9. Depending on your entry you could see possibly 3:1 risk/reward.
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