Description
⋅ Looks like more downside to come in this stock. Current decline has been the fastest since 2020, and it doesn't seem likely to stop anytime soon.
Short on retrace or here, stop zone a bit over $8.47 and downside targets are $6.63 and $5.19 by late June 2023.
Best of luck!
Cheers,
Ivan Labrie.
Probably difficult to run hospitals and pay the rents (which turn into REIT dividends at MPW level) when you can’t even pay water bills… lol