The stock has been making a flag pattern after the market topped. If we take the runaway gap made at the beginning of July as the initial move before the flag, then is a 57 point move. According to the flag pattern measure rules, if a breakout above occurs, then the price of NYSE:IIPR should get to $300. Last week rebounded from its support at $222 with a nice...
IIPR can make a new ATH? Lets follow!
It seems that IIPR has recently completed or just near to complete wave 4 of a 5 segment up going wave. If true , It is going to make a new ATH.
Strong support is remarked on the chart with comprehensive information. Also, Next strong Resistance zone with detailed information is shown on the chart. We probably will have a...
*rising rates environment is a disaster for large cap stonks & Ponzi Pogs. BUYER BEWARE- FWD projections!!! Gems make money TODAY & years from now!!!
Can't seem to edit the "monthly" on chart to "weekly"
THIS IS THE WEEKLY CHART
Innovative Industrial Properties (IIPR) is primed to BTFD. I have a $220 target and could see upwards of $250 in the near to mid future. They're my "pick and shovels" play in the Devils lettuce industry. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has been consistent and their debt to asset ratio is gnarly af. No need to thank me nerds...
What more needs to be said. This company states that they are the first of its kind am I am blown away by their portfolio. Of course financials are great and within this year they have been active in their growth opportunities! Nice dividend increase from $1.17 to $1.24! Financials are impressive to a degree. I see room for growth. I bought 1 share and will buy...
APHA was my #1 Cannabis play going into this year based on the fundamentals and it's held up very well, still my #1 long term pick today (along with tangential Cannabis play IIPR).
That was followed by CGC and ACB with TLRY coming in at #4. Now with my #1 and and #4 plays merging and largely rounding out their strengths and weaknesses, it is an even stronger #1...
Today’s analysis will be on IIPR, breaching structural support and currently is testing pitchforks median line (resistance)
Points to consider,
- Bearish trend, consecutive lower highs
- Median line tested
- Structural support breached
- RSI recovering from oversold
- Stochastics in lower regions
- Volume climax evident
I noted about a month ago that IIPR remained as neutral for investors until it broke the 86.00 level then re-tested it. Obviously, we have clearly done that and as such I am incredibly bullish on IIPR.
The stock found support about 40% off its peak to low during the weed bear market which is far better then many others that plummeted 100-200%+. During this time,...
Today’s chart update will be on IIPR which has a potential bullish pattern playing out – an Adam and Ever reversal formation that will be confirmed by a break of structural resistance.
Points to consider,
- Bullish pattern coming to fruition
- Structural resistance to break
- EMA’s supporting price
- Stochastics in upper region
- RSI trending...
Feb. 21 Expiry - Put Credit Spread – 80/85 strikes – Trying for $3.00 credit. Lowest acceptable $2.80. Max risk $218. Max Gain $300. 62% POP
I will update if I get filled on this order. Better than 1:1 risk/reward and better than 60% probability of profit. Meets minimum requirement.
Personal opinion - this is great REIT. Previous high over...
Broke daily resistance and closed above. Indicators show underlying strength, but Stoch indicates a possible retest of local resistance at around $78 (both daily and hourly charts).
Currently closed at weekly resistance of $80.30. A break with volume above $80.30 could see IIPR look for a weekly lower high. If rejected, we'll be looking for a higher low.
3 new leaseback deals announced just before Christmas. Dividend coming up in just 4 days, expected to increase again. IIPR blew upward, riding the MJ bubble, and deflated when that bubble burst. The current valuation is quite high, comparing fundamentals to other REITs.
It is currently attempting to break its 50 day line, and we should expect a test of the...
IIPR is one of my top 2020 picks as their dividend growth has been impeccable and their stock has really only plummeted from its highs because the cannabis sector essentially went through a major correction. I believe certain (not all) cannabis stocks will make a strong rebound in 2020, but the sector itself may be 2 or so years before attracting major buyers back...
Today’s chart update will be on IIPR – Innovative Industrial Properties INC where bulls are attempting to put in a new higher low, a trend change may be coming to fruition.
Points to consider,
- Potential new higher low
- Structural resistance needs to break
- Support in green zone
- RSI respecting support
- Stochastics projected upwards...
Can IIPR gain any traction and break weekly resistance of $87.20 these upcoming weeks to confirm the inverse head and shoulders?
Remember, Inverse head and shoulders is a pattern that signifies a trend change from bear to bulls. If bulls can break this weekly inside bar bullish, than the possibility is there.
I need to see an increase in bull...
The San Diego-based company is a real estate investment trust (REIT) specializing in properties used for growing and processing cannabis in U.S. states where medical marijuana is legal.
While Innovative Industrial's stock has been dragged down over the last few months by sector weakness, the fast-growing company continues to post great quarterly numbers. In the...