Realty Income (ticker - O) is about to break a weekly trendline to the upside with and entry around 55.40 and a stop at 47.00 Could reach highs at 70. Trailing stop.
Too early to say, but a good week for NRR. Could be heading upwards, but tempered by real issues if the commercial property market takes a dive.
A few weeks ago it failed to pass it's resistance and was consolidating between that a new found support. Recently it broke that daily support and retested to continue downwards. I have an upward trendline that it looks to be drawing back towards. Love to hear your opinion of the trade!
I like this name because of its massive dividend yield. This isn't uncommon in REITs, but TWO carries one of the larger yields in the industry. Their financial statements are healthy and the primary risk here is the state of interest rates in the US. My harmonic analysis shows two sin waves: a red and a pink. The red represents a macro trend wave and until the FED...
REIT's are looking like the first sector to definitively break the big uptrend since December 24th. Big move here breaking out of 2 month wedge to the downside. All momentum indicators are also pointing downward (macd, stochastic) and we've had demark exhaustion signals as well. Easy short entry here.
Addendum Chart with more long-term picture + momentum indicators added on.
The "Real Estate Market Cycle" is made up of four distinct phases. Recovery Expansion Hyper Supply Recession There isn't an exact length of period of time each phase must last, but taken as a whole, the entire cycle averages 17 to 18 years from peak to peak. Looking at the previous cycle (1989-2007) we can use Fibonacci and geometry to see where we currently...
Real Estate Investment Trust (REIT); which focuses on single-family home rentals in the US. EPS has been slowly increasing from year to year. Could see some continued growth this year breaking the $23.05 level to continue its bullish trend on a weekly time-frame.
REITs have had quite the rally and are overbought RSI on the 4H/1H. Scaling into a short position in the AMEX:VNQ $82.50 - $84.00 range. Ended the day strong and am expecting a bit more upside, but looking for consolidation soon. Will be updating periodically.
The bullish divergences on weekly charts have started a new bullish ADX trend reading. Candlesticks formed a bullish Doji Star and volume has been good.
APTS breaking up out of resistance pattern on daily with weekly very oversold. Buy at 15.50 stop below 13.50 or previous supports at 12.20.
Nice multi-year consolidation. Assym triangle breakout plus pattern bull bias = long w/ size.
Real Estate sector has shown to be safe haven and not oversold sector to other stock sectors, which were way oversold to value. I give thanks today for understanding enough, but still expect growth here. Mid-term stocks usually do well in ensuing 6 mo. period, however during bearish times a safe haven is a consideration. If you have another sector, make...
If you take a look at the behaviour of the REI index before, during, and after the 2008 recession and present day. The REIT is in blue, the S&P500 is in red. Before REI index is outpacing the S&P500 During REI index is converging with the S&P500 the indices both fell together with the REI falling more aggressively After REI index...
US Cannabis REIT Crop Infrastructure breaking out since early Sept. in heavy volume. CRXPF IIRT 1865 Acres added this month. Several customers have submitted dried crops for testing (pesticides, THC, etc. for legal sale) and looks very promising. 15 business days to go. october 17th is Canada legal date, Crop Infrastructure Corp, formerly Fortify...
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.
VNQ continues to bounce up and down in this channel