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SRS lighting... it... up... Countdown to Home Purchase June 2021
Can’t win em all, but was SRS buy under $21 genius?
SRS (Short Real Estate worth 340 SMA or just shy of $27.00
SHORT REAL ESTATE: I keep buying under $21.00
SUPPORT ON RSI 30 LINE + SUPPORT ON LOGICAL BEAR TARGET
Buying SRS here @ $20.90 today : 3 HR 500 Hull
Broke long term downward trend line. On the way up
Real estate sector is sensitive to the interest rate changes. As the rate rise, it will sink.
I will be long SRS.
Counter-trend trade buying SRS with a cheap stop ($29.29) for a rising rates environment. Not overthinking it. This is early and aggressive. Better to wait for trendline to get zoomed to upside, then buy a retracement/ re-test.
accumulation buy at 30 sell at 32
Last I checked, it's more difficult to sell real estate when rates go up.....