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dschrenk
Oct 15, 2020 6:55 AM

REG approaching long-term support. Buy and hold opportunity. 

Regency Centers CorporationNASDAQ

Description

REG is a REIT with a solid ~6% dividend, that is approaching long-term support at $35.16. This is the same support level used during the Great Recession to springboard into their previous bull run. It we see a bounce off of support, this buy and hold stock will offer us a great risk/reward opportunity.

NOTE: Not trading advice. Please research your trades accordingly.
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