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Master_of_Fine_Charts
Mar 26, 2021 12:58 PM

SITC Bullish Long

SITE Centers Corp.NYSE

Description

The giant bullish engulfing candle is very bullish as is the bounce off the 50 SMA. In addition the 9ema is still above the 20ema and the current price is in close proximity to the YTD POC line. Yesterday's candle tested 4 fibonacci levels which is a very bullish sign in my opinion. I will consider entry over $13.30 with a short term target of $14.08
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