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649bruno
Aug 15, 2016 12:27 PM

Monmouth Realty Update: Earnings, Dividends, And Trend Strong Long

Mach Natural Resources LPNYSE

Description

I look for a Trifecta in stocks: STRONG EARNINGS, GOOD DIVIDEND, and STRONG TREND. Monmouth Realty has all three.
Let's look at my TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The Ichimoku Cloud is rising as well as the 89 day moving average . 2. Prices have risen FAR above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line.
4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud.
6. The indicator on the top of the page is RSI / Stochastic , and this is strong. 7. The top middle indicator is vortex and it is strong (green over red), but the two are together as the stock has consolidated. 8. The Top (bar-type) indicator measures the "phase energy" of the stock , and this is STRONG. It has been mostly ABOVE THE ZERO LINE since February, indicating buying pressure. 9. The green fractal arrows are up (not shown).
10. Look to the far right on the chart, around $13.80. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "separated jaws of a feeding alligator". This is a positive indication because the alligator is FEEDING in the uptrend.
This is a very solid stock with a strong uptrend.
My advice is to accumulate on weakness. Remember: The trend is your friend.

Good luck to you. Don.
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