I posted my previous Propy chart on here before realizing I had the chart mode set to logarithmic. Log charts also do usually reach their targets as well but sometimes it can take multiple bull runs to hit the really high targets on a logarithmic chart. So I thought it would be wise to switch the chart to linear and show what the linear breakout target would be...
Prop has technically already completed a right shoulder and currently has a decent sized green candle above the neckline. That shoulder is extremely small and disproportional to the rest of the inverse head and shoulder pattern, but I’ve seen even uglier looking versions of this pattern get validated so it is quite possible we could see it validate on the current...
Entry - above 147
SL - 140
Tgt - 160, 167, 170, 176
- short term target- 145-
I completely post my analysis free on this platform, to help me continue this work you can buy me a coffee - vallabhjoshi69@oksbi, this will really help me to buy premium features of Trading View where I can efficiently analyze the charts and post the best charts out there for...
imma be honest, I'm running out of creative titles, so you get what you get.
Trends labeled
Price targets labeled.
really neat setup on zillow here.
These buy zones are marked at some major support, we have a short term trend leading to a top, and may have already hit. We have a long term support trend going in the bearish price direction.
All of the above can...
The RICS UK House Price Balance
(Released this Thursday 14th Mar 2024 for Feb month)
The Royal Institute of Chartered Surveyors (RICS) House Price Balance is a monthly survey that indicates whether more or less surveyors expect housing prices to rise or fall in the U.K. housing market. A positive net balance suggests house price increases, while a negative...
this one continues to make new highs and more to come.
updated the Elliott Wave count, since my last update, as price developed further.
price currently seems to be in final stages of wave (iii) in blue.
Will update again as price develops.
Thanks for reading!
Building your new home is exciting, especially when you understand how the process works. It’s understandable that buyers are excited to see their new home built from start to finish says Chip Perschino, senior vice president of construction at Edward Andrew Homes.
“Our homeowners enjoy watching the home come together, from pouring the foundation to framing and...
Inv Head and Shoulders formed on Vukile as of my last update.
The progress has been slow but sure. It broke above the neckline, stayed above the uptrend and 200MA.
So the next target I'm raising even higher. But this time to R17.59
FUNDAMENTALS:
Positive Earnings Release:
Vukile Properties released their first half 2024 earnings showing an increase in...
W Formation has formed on Calgro M3.
We haven't had our breakout yet but it's most definitely forming higher lows. ANd it's above the 200MA with a predominant uptrend.
This is all great news for potential upside.
We'll set the first target at R6.03
FUNDAMENTALS:
Calgro M3, a South African property development company, has been experiencing a rally in...
Simon Property Group has formed a Bearish Harami on the weekly at the PCZ of a Bearish Deep Gartley and Bearish Deep Crab, the PCZs happen to align with weekly Horizontal Resistance and may now lead to SPG making its way down to a 0.886 Retrace as the REITs continue down due to rising yields.
A very clear 5 wave Elliott Wave structure in this one.
Also the break of all time high adds more confidence to this count.
Full EW count on the chart with a clear invalidation level.
Thanks for reading!
Good Morning!
It certainly makes sense for #mortgagerates to follow the bond counterparts & go lower
The monthly chart shows the RSI weakening as it chugged higher.
LONG term, the 3rd chart, we see that rates overcame a STRONG RESISTANCE area & long downtrend, white line. We will soon see if it'll hold that new support, white line.
#RealEstate #InterestRate
Did you come across several media reports, individuals and others betting on the crash of US economy and how everything will collapse.
Here is a quote by Sir John Templeton - "bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria".
So one can understand with the growing amount of pessimism all around as to which phase of...
Welltower is yet another Real Estate focused stock that I have been tracking in anticipation of its potential downside. Yesterday they had earnings and it was nothing that impressive, so I think the Bearish RSI Divergence at this PCZ will take over and bring it down to at least $53.40 to fill the downside gap from here
