eudotong1

IIPR Short-term Long Opportunity

Long
NYSE:IIPR   Innovative Industrial Properties, Inc
Peep this nice rising wedge pattern that price has respected for the last several weeks. I'm playing a 7% potential profit long to the top of the wedge .

We're riding along a nice horizontal support around $84 and also hovering over a month-long trendline support on RSI . Solid setup with a great risk/reward ratio.

Entry: 84
TP: 90
S/L: 82.75
R/R: 3.65
Twitter: @UdotongE

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