whiteknightmoving
Long

SNH - Here is an old favorite with a high yield

NASDAQ:SNH   SENIOR HOUSING PROPERTY TRUST
After the market collapse in Dec, this stock has finished a huge ABC corrective pattern over the past few years.
It has been throwing off high yields.
If price pulls back down to the buy line (green) the yield will be over 14%!
If the Bat Pattern holds true, we could expect a nice $6 move up towards $17/ share
or approximately 55% capital appreciation also
I'm bullish and getting ready to buy in the buy zone if price drops just a bit more
Old Fart
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