chuckination
Long

Ventas: Three White Soldiers for this Healthcare REIT

NYSE:VTR   VENTAS INC
Ventas is looking good, and the older generation continues to require healthcare no matter the prevailing market conditions. This healthcare REIT focuses on senior care, healthcare services, and medical research and laboratory facilities. These are all fairly inelastic demand services, and have very little impact from international trade. This is a great safe harbor for capital until this trade war gets worked out eventually.

Technicals look good with a very clear three white soldiers doji pattern showing up. MACD just broke positive on a strong upward histogram, and the price is starting to walk up the top Bollinger band . The 20 day average dipped below the 50 day average, but appears to be rebounding strongly off the 200 day average like bouncing off a resistance level . ADX is showing that a trend has yet to be shaken out with DI+ only starting to overcome DI- from an earlier consolidation period over the past month and a half. RSI is rising but not yet overbought, and the 50 day holders sentiment is turning positive again. Money flow is somewhat flat, but I expect more desk traders buying into here as they run their screens and look for where to invest the capital they got stopped out of their other strategies.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out