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Prologis, Inc.
Short
Apr 13, 2022
PLD (Prologis) - Bearish Double Top Before Earnings - Daily
2
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PLD (Prologis) stock price has double-topped below $169 resistance on the daily chart.
A bearish pullback is possible, if support levels are broken to the downside over time.
PLD (Prologis) reports earnings on 04/19/2022.
Utilize stop loss, position sizing, risk management.
Entry (short): $165.33
Profit Target +7% (exit): $153.74
Stop Loss -3.5% (exit): $171.15
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
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Also on:
Bearish Patterns
estate
Fibonacci
PLD
prologis
real
short
Stocks
Support and Resistance
Trend Lines
XLRE
NoFomoCharts
Follow
Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Also on:
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