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HaseebKhan_90
Dec 3, 2021 1:30 PM

UDR ready to move higher? Long

UDR, Inc.NYSE

Description

* Great earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Breaking out of a 18 week base with higher than average volume
* Has been consolidating above the broken resistance for the past 12 days making it a new level of support.

Trade Idea:
* Now's a great time to enter as the Real Estate market is showing strength.
* Price isn't too far away from the broken resistance turned support
* If you're looking for a slight discount you can look for buying opportunities near the $55.93 area
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