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KozakHlib
Nov 16, 2020 1:16 PM

$ESRT can rise in the next days Long

Empire State Realty Trust, Inc.NYSE

Description

Contextual immersion trading strategy idea.

Empire State Realty Trust is a leading real estate investment trust (REIT), owns, manages, operates, acquires, and repositions office and retail properties in Manhattan and the greater New York metropolitan area.

The demand for shares of the company looks higher than the supply.

This and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $7,72;
stop-loss — $6,81.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade active

stop set at $7,70

Trade active

1/4 closed at $8,63
stop set at 8,4

Trade active

stop set at 8,17
prev stop price wasn't accurately counted

Trade active

stop set at $9,35

Trade closed: stop reached

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