* Good earnings
* Very strong up trend
* High 3 month relative strength in the Real Estate industry
* In a constructive basing pattern for the past 7 months that's rounding out
* Stable volume with increasing price
* Pocket pivot occurred on the right side of the basing pattern.
Trade Idea:
* You can enter now as indicated if you don't mind a little volatility
* Or if you're looking for a slight discount you can look for buying opportunities near the $36.47 area
Note:
Pocket pivots offer an early entry prior to breakouts. The volume indicates institutional interest.
* Very strong up trend
* High 3 month relative strength in the Real Estate industry
* In a constructive basing pattern for the past 7 months that's rounding out
* Stable volume with increasing price
* Pocket pivot occurred on the right side of the basing pattern.
Trade Idea:
* You can enter now as indicated if you don't mind a little volatility
* Or if you're looking for a slight discount you can look for buying opportunities near the $36.47 area
Note:
Pocket pivots offer an early entry prior to breakouts. The volume indicates institutional interest.
Comment:
WY is offering another great pocket pivot entry if you missed the last one.