ReactReflect

EPR's risk return is not ideal

ReactReflect Pro+ Updated   
NYSE:EPR   EPR Properties
TLDR: Wait for signals before getting into EPR . There maybe a rebound soon but chances are more on the downside.

1. Stuck in a three month downtrend, despite the red hot market.
2. Two recent large volume drops, the share price is clearly going down the stairs
3. RSI is close to being oversold. Compared historically, it could go further down, but the chance of a rebound is increasing.


Comment:
Forgot to mention, target price 19.82, which is the price I am willing to consider a small long position. Probably too early to say though, still need to see how the chart goes
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.