KIM double bottom possible set up

Kimco Realty Corporation (HC)NYSE

Description

⋅ Oct 25, 2012 1:55 AM

Wait for price to reach 19.67 IF it does so (may not)
If price seems to bounce off this support, enter long.

Reasons for buy:
1. good volume
2. double bottom
3. 38.2 fibonacci retracement area using a daily chart
4. Increasing RSI