Anbat

EDR- Reasons To Buy Now!!!

Long
NYSE:EDR   Endeavor Group Holdings, Inc.
EdR is a real estate investment trust. The firm invests in the real estate markets of United States. It invests collegiate housing communities. Firm develops, acquires, owns, and manages collegiate housing communities located near university campuses. The firm also provides third-party development consulting services, such as market analysis and evaluation of housing needs and options; co-operation with university in architectural design; negotiation of ground lease, development agreement, construction contract, architectural contract, and bond documents; oversight of architectural design process; co-ordination of governmental & university plan approvals; oversight of construction process; design, purchase, installation of furniture; pre-opening marketing to students; & obtaining final approvals of construction. It was formerly known as Education Realty Trust, Inc. EdR was founded in 1964 and is based in Memphis, Tennessee.

Reasons to buy either stocks and or call futures in EDR, for next few- several years is:
1) U.S.A. real estate will be HOT next few/several years
2) (Insider Buying) Both EVP/CFO & Chair/CEO bought 25,000 shares at $35.01 on 11/1/17 & 11/2/17.
3) Fib. Ret indicator on chart: Price action is at 50%, which is good time to buy
4) Price action is at major support area: $35.00
5) On this Monthly Time frame, price action is sitting at the 4-5 or last bull run area of Elliot Impulse Wave 1,2,3,4,5.
6) Best price action angle for stocks to continue up is in between 30% to 45%, last week price action is sitting on low end or 30% area. (yellow area)
7) Stable company, been around awhile.

As always, do your own research, but this might fit your long term investing pro folio plans. Good luck and safe investing.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.