The Company is having better quarter YoY with EPS 40 cents up , Revenue up 28m , big company's from Finance sector have better quarter YoY too , expecting bullish move for the next 2 3 months in that sector.
Hi viewers, EQR price on zone, in last periods bullish push we are have, currently here break expecting to see and new short bullish push
TP1:71.50
TP2:74
Our algorithm shows EQR as an opportunity to buy at $63,57 aprox.
We've seen this pattern thousands of times before with a win ratio over 80%, considering the good risk reward of this trade seems reasonable to take it into consideration.
The take profits level could be before the 70’s area where the volume profile is also high again, which tend to be a problem...
The PEAD projected a Bullish outlook for $EQR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 72.73%.
The PEAD projected a Bullish outlook for $EQR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
EQR breaking down below trendline from probable 3 wave continuation pattern here and printed a H&S where right shoulder is probably a wave 2.
Previous collapse was a solid 23% collapse and if correct this should another collapse similar in ratio down to around $60.
Could re-test resistance low or perhaps the diagonal trendline.
Stop above right shoulder.
Not advice.
This residential reit has a good divi and is at a solid level of support for an investment. it's gone sour lately cause it holds lots of places in big cities that people are moving from like LA NYC SF but i don't buy that shit those places will be overcrowded and have plenty of renters for decades to come
This is what I like to see: the stock NYSE:EQR pulled back to a 50% Retracement Level following an earnings high. This level matched with a past high price action and price hesitated for many weeks at the level before launching off it. The entry point was actually on a morning volatility spike 8/19/21 but this does not show properly on Tradingview data. ...
Equity Residential shares closed 6.8% lower than its previous 52 week low, giving the company a market cap of $19B. The stock is currently down 35.7% year-to-date, down 41.4% over the past 12 months, and down 20.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.1%.
Trading Activity
Trading volume this...
Descending Triangle just broke out, aiming at ATL.
Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the unpredictability of the market these days.
- Target Entry $51.92
- Target Stop Loss $52.48
- Target Exit $49.60
About me
- P/L...
EQR is appraoching our first resistance (horizontal overlap resistance, 76.4% fibonacci retracement) where a strong drop to our first support (50% fibonacci retracement) might occur.
EQR is approaching our first resistance at 75.82 where we might see a corresponding drop in price to our first support at 69.68.
Stochastic is also approaching resistance where we might see a drop in price.
EQR is approaching our first resistance at 75.82 (horizontal overlap resistance, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 69.68 (50% fibonacci retraecement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
