Peet_Serfontein

PLD: range trade?

Short
NYSE:PLD   Prologis, Inc.
A price action below 122.00 supports a bearish trend direction.
Further bearish confirmation for a break below 120.50.
The target price is set at 115.00 (below its 200-day).
The stop-loss level is set at 127.50.
Some range trading remains of interest (see the grey rectangle)

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