Can mall operators withstand the current headwinds?.... not with rising interest rates. That's the nail in the coffin!
Retail Bankruptcies
Negative sales environment
Store closings
Rising interest rates
Shareholders got completely hosed when management rejected SPG's 95.50 per share takeover back in 2015.
Talk about shoulda, coulda, woulda, I doubt this company...
Price has just broken out of the Ichimoku Cloud. It could be the start of a new uptrend.
The idea is to catch a new trend as early as possible and ride on it as long as possible.
No target price to hit. Go long and place a trailing stop along the way as price goes higher. Set a stop loss when you open the position.
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