Looking to involve Elliot waves a little more in my analysis. I like how Elliot waves attempt to incorporate psychology into trading. I'm not sure how many people are having deep reflections while chasing the market, but maybe Elliot wave theory holds more water than I think it does. Open for pleasant surprises and managing expectations.
I think this is a really strong buy. It could definitely go down, and I would be sad, but it wouldn't be the first time.
The uptrend looks so picture perfect to me. I really don't see how the bulls don't run away with this one. It's been a terrific stock to own lately. To me this looks safe to pile in.
I highly encourage you to look at the daily and the weekly...
ESRT is tracing minute wave 3 of minor wave 5. This scenario should push prices to around the most probable target at 5.29. If price cross up 7.62, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
ESRT just seems to have finished a bearish triangle pattern that may have completed minor wave 4. To a more probable confirmation wait the REIT to cross the upper line of the triangle before shorting or exiting the position.