Hi viewers, EQR price on zone, in last periods bullish push we are have, currently here break expecting to see and new short bullish push TP1:71.50 TP2:74
This residential reit has a good divi and is at a solid level of support for an investment. it's gone sour lately cause it holds lots of places in big cities that people are moving from like LA NYC SF but i don't buy that shit those places will be overcrowded and have plenty of renters for decades to come
📌EARNINGS & REVENUE: Date 01Feb'22 / Period Ending Dec.21: EQR estimate 633.482M, at end reported 645.13M, surprise of 11.648M (1.84%). Technically bearish continuation still to expect. 💡 EQR technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bearish continuation, based on technically...
EQR getting closer to a breakout 2 Year Long Base Wants to see a breakout and hold on weekly chart Price above 200 DMA Pays out Dividends
Beautiful chart thrown up by @peterBek76 BO from a little bullflag from a BIG bullflag Imminent target 7.5c ~25% Target from big bullflag 9c 50%
This is what I like to see: the stock NYSE:EQR pulled back to a 50% Retracement Level following an earnings high. This level matched with a past high price action and price hesitated for many weeks at the level before launching off it. The entry point was actually on a morning volatility spike 8/19/21 but this does not show properly on Tradingview data. ...
The Real Estate sector - here represented by iShares U.S. Real Estate ETF (IYR, in orange), Simon Property Group (SPG, in purple), Equity Residential (EQR, in red), - can sometimes act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... falling from peaks in 1998, Feb 2007, Mar 2015, Nov 2017.
EQR is appraoching our first resistance (horizontal overlap resistance, 76.4% fibonacci retracement) where a strong drop to our first support (50% fibonacci retracement) might occur.
EQR is approaching our first support at 63.24 (horizontal swing low support, 61.8% fibonacci extenson, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 68.16 (50% fiboancci retracement). Stochastic (55,5,3) is also approaching our first support where we might see a corresponding bounce in price.