NAK1987

LSI , Strong reaction to secondary offering getting back in ...

Long
NYSE:LSI   Life Storage, Inc
Getting back in with a starter here on todays wick play , will add to position on a successful close above 10 ema ..

Looks like a nice reaction to the offering , though the reason was for general corporate purposes and debt ( which is normally bearish )/ But, so far, seems like the dip is being bought . Also has had a very robust and clean uptrend, I am thinking this can likely continue but tight stop down here .


In at 123.55
Stop 121.68
Trade closed: stop reached

艾力克~