Poly has been on a steady uptrend minus the latest downtrend due to BTC. I do anticipate however the start of a massive uptrend once Bitcoin breaks back to the upside over 12,000 causing a massive surge in Alts especially with its niche technology of tokenizing commodities, real estate, venture funds and venture capitol.
I dont trade Real estate but i would if my trade/platform would give the chance.
A nice short seems to be presenting here. Entry below Heikin ashi doji en stop above it. TP below in range. Move SL at own discretion, but not to tight.
Real estate broke through the 50 MA and with the rising interest rates and the central banks starting to sell their MBS then this market will plummet soon.
Just an observation on the real estate ETF while I was reading up on the US mortgage debt and its connection to real estate stocks.
Intriguing as I learn more this. IYR is in an very interesting spot.
Apparently, the current mortgage debt levels are similar to levels leading up to the 2008 crash.
fred.stlouisfed.org
Unibail could break up all the way to 230. Watch out at this levels, price action rules. It will probably get to 219 and at that level we will check closing and opening price. It should happen by this week.
I am already long since 208 and this week will decide if I will keep it long or short it.
Have a nice trade :)
The SPDR fund tracking the Real Estate Sector (XLRE) has been in a clearly defined upward trend since November 2016. As of the close on May 12, this fund is at the bottom of the cycle which is near a strongly established support. The projected future movements are highlighted below.
When we take a look at other technical indicators, the relative strength index...
My Vonovia position in on break even. The breakout happend perfectly, there was a bigger pullback, thats an opportunity to move the stop.
If it breaks the 31.75 i will move my stop.
This is a long term Position, I'm even interessted in holding this Company.
Price has been in a relief rally since November which has formed a bear flag right up to the fib retraces. Should break out of this flag to the downside where we'll test the November low at the very least.
Intu has under performed the FTSE and the Real Estate sector over the past 3 months. The short term trend is negative and the stock scores poorly in my fundamental model.
This stock buys you land all over South America.
319,000 Hectares between Brazil and Paraguay, just to name a few (mostly in Brazil).
Exposure to an incredible emerging market.
Exposure to commodities long term (grain and sugar mostly, cattle as well)
Management is a powerhouse.
JP Morgan owns 7% of the float.
George Soros made this company happen.
Google...
IFFF I am seeing this right a break down here could lead to an extend major drop. Consider shorting if there is a close below 77.78 with a stop on a close >79.75 (Friday's high).
The first part of this week I think will have a overall positive atmosphere for stocks so we could have a some bounche up but longer term I think there is a good chance we are entering into a bear phase for real estate.
