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Jimmyza
May 4, 2020 3:23 PM

longterm great short Short

Invitation Homes Inc.NYSE

Description

Short term- Any honest answers to rent payments during the conference call will make this an easy short. Broke below current support trendline

Long term- The unfortunate events of coronavirus is hard working people can't afford rent without a job. It's going to be hard over the long term to find renters during a depression as well.

My advice, draw your own conclusions and trades. Good luck!

Comment

Short Term is off the table, but jobless claims are still rising and more and more rent will be pushed out. No need to jump out of this trade if you entered. Just my opinion and you should make your own trades.

Good luck
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