Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good here 2. Globally uptrend and locally range 3. The level confirmed by a few touches 4. Huge accumulation in the range 5. Great potential 1 to 13.5 risk/reward 6. The price came from above 7. Report was 5 days ago 8. In 2 days dividends 9. Macerich Q4 earnings rise as traffic returns, occupancy rises 10. Macerich FFO of $0.53 beats by $0.05, revenue of 229.4M beats by 23.72M
Potential risk/reward ratio = 1 to 13.5 meaning that potential risk 100$ with the possibility to make 13.5$