TaPlot

$SUI 4 Month #Rectangle #ChartPattern

Long
NYSE:SUI   Sun Communities, Inc.
$SUI is forming a rectangle chart pattern with multiple tests to the $150 price level. What is interesting about this setup is the strong accumulation of the stock for the last 3 days. I have highlighted these days in yellow on the chart. These huge volume days are a sign of institutional buying which would increase the possibility of a successful breakout.

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