REITO - Japan Office REIT Index - 17% of gains aheadREITO is developing a primary level of correction after it reached a peak in primary wave 5. It is now developing a minor ABC pattern, currently at wave C up. The most probable targets are 1824 and 1976. If this setup persists it would mean 17 to 27% of gains in the next 10-15 days. If it crosses down 1380, it would invalidate this forecast. FOLLOW SKYLINEPRO TO GET UPDATES.
Reit
IUKP - iShares UK Property ETF - new lows aheadIUKP is coming down in a cycle wave C. It is in an early phase of this wave decline, where intermediate wave 4 seems completed and it should move down in intermediate wave 5 to reach lower levels than its previous wave 3. FOLLOW SKYLINEPRO TO GET UPDATES.
HSREIT- Hang Seng REIT Index - opportunity for growthHSREIT is a Hong Kong REIT index and it seems to have finished cycle wave 4, as its stocks counterpart HSI. It had already traced minor wave 1 up and it is in the first wave of minor 3 up. It could also be tracing a triangle of primary degree. In both cases the trend is up and we should continue to see mid-term growth in the index. FOLLOW SKYLINEPRO TO GET UPDATES.
SLG opportunity for short-term profitOffice REITs in the US have been beaten up for a long time since 2015, differently than stocks. SL Green seems to have finished a primary wave Y down and it is developing its first impulse wave in the upward direction. The most probable scenario is that Minuette wave 5 started at the first minutes of the section with a good volume. If this scenario persevere SLG should reach more than 10% gains in the next two days. A retracement below 46.00 would invalidate this case. FOLLOW SKYLINEPRO TO GET UPTDATES.
8952 - JAPAN - opportunities for returnsJapan Real Estate Office Co. is the owner of prime office buildings in Tokyo and seems to be beginning to trace minor wave 3 up of an intermediate wave C. Volume is confirming the move. If this is the case, prices should reach up to 794,000 a move to up to 25% which it the same size of wave (A). FOLLOW SKYLINEPRO TO GET UPDATES.
HPP additional 3% gains in the next two daysHPP price structure indicates that it is tracing a last minute impulse wave 5 to complete minor wave 1. There was a big volume buying in the the last minutes oh today's session. If this scenario persist price should reach 22.25 which is the same size of wave 1. FOLLOW SKYLINEPRO TO GET UPTDATES.
BXP - up to 30% ahead ?Boston Properties is one of the prime office building owners in US. It seems to have finished a triangle corrective move that culminated in the end of minor wave 2. If this is the case price should be entering minor wave 3 up that could boost prices to up to 30% gains. Keep alert for the support level at the end of wave 2 at 89.29, if prices cross this line in the next days this wave count would not be valid anymore. FOLLOW SKYLINEPRO TO GET UPDATES.
8976 - DAIWA - opportunities for returnsAligned with the other two prime office REITs from Tokyo, Daiwa Office Investment Corp should be tracing minor wave 3 up, the volume confirms the move. If this is the case prices should reach up to 742,000 in minor wave C up, before it reverses to a longer downward move. FOLLOW SKYLINEPRO TO GET UPDATES.
405 YEXIU REIT - poised for growthYEXIU REIT the prime office REIT that owns properties in China is tracing minor wave 3 up. It recently surpasses the top of minor wave 1 and should be tracing minuette wave 5 up. Volume is confirming the move. If this is a wave 3, the current target for it is 4.47, a 1.618 advance compared to minuro wave 1. FOLLOW SKYLINEPRO TO GET UPDATES.
3234 MORI HILLS REIT - juncture attentionMori Hills REIT should be tracing a minute wave c up. However, there is a possibility that this juncture couls also be near the end of minor wave two. In the first case, prices should continue to go up, in the second case if prices reaches 141,100 we recommend you to get out of the position as this could sinalize the end of wave 2 and minor wave 3 will push prices down. There was a record selling volume as prices approached the end of this move, that's why we are having caution here. FOLLOW SKYLINEPRO TO GET UPDATES.
SL Green should enter cycle wave B up, chance for gainsCURRENCYCOM:SLG
After reaching a massive correction of 60% since 2015, SLG seems to have finished the cycle wave A correction after retracing the Fibonacci level of 0.618. If cycle wave A is finished, we should see chance of gains in cycle wave B up,
IIPR – Cannabis REIT Bullish BreakoutTrade Entry
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 $140 is almost a 2x from here. Good opportunity.
Chart Details
Bullish wedge price breakout.
Bullish EMA cross on 1/6 and Bullish 10WeekMA price cross on 1/9.
Next price targets in pink ($87 and $97). These are exits.
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Great Long Term Play for MGPNYSE:MGP
MGM Growth Properties has great potential to outperform the market. I believe that right now is a good pullback price and based on a DCF Valuation it is trading at a discount currently. $MGP is at a 6.57 Div/Yield rate and climbing. On top of the great dividend, it has shown solid Capital Appreciation and I'm looking for continuing growth. On top of this, MGP has solid intrinsic value in purchasing ground leases.






















