Prologis (PLD) Simple Market Breakdown!PLD’s been showing solid momentum lately 📈 and here’s the key zone I’m watching:
✅ If we break and hold above 124.92, the next target zone is around 135.20.
⚠️ At that level, we could see some correction or sideways movement (a bit of rest before the next move).
🚀 But if PLD breaks above 135.20 and holds, that could set up the next big leg toward 152, and possibly 164.
💡 So short-term; watch for a small pause. Long-term; momentum still looks strong if we keep closing higher.
Want to see how I’m mapping out the next levels and what signals I’m tracking for confirmation?
💬 DM me “PLD” and I’ll send you the full chart breakdown directly.
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Prologis
PLD (Prologis) - Bearish Double Top Before Earnings - DailyPLD (Prologis) stock price has double-topped below $169 resistance on the daily chart.
A bearish pullback is possible, if support levels are broken to the downside over time.
PLD (Prologis) reports earnings on 04/19/2022.
Utilize stop loss, position sizing, risk management.
Entry (short): $165.33
Profit Target +7% (exit): $153.74
Stop Loss -3.5% (exit): $171.15
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
PrologisCompany Overview
Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
Detailed Analysis in photo!
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Will watch this for a week or two before making final decision.
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