kennzo

REXR (Rexford Ind Realty) - Bullish Quarter

Long
NYSE:REXR   Rexford Industrial Realty, Inc
Rexford Industrial Realty, Inc. is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. Rexford Industrial Realty, Inc. is based in Los Angeles, California.

Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move to the LOW TARGET
- Expectation for the price to move to MID or HIGH TARGET, and generally observe LOW TARGET support
- Trailing stop-loss on price above MID point

Heiken Ashi Candles are consolidating, but already turning bullish on 4hr along with FAST MACD indicator
Waiting a little longer for confirmation and entry would be ideal.

GOOD LUCK.
DO YOUR OWN RESEARCH!
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