Notes: * Strong up trend * Not the best earnings record but the last report was really good * Creating a base within a base * Recently broke above historical highs of 14.42 * Increasing volume since the last earnings report * Recently bounced off of the 50 day line with bullish price action and volume Technicals: Sector: Real Estate - REIT -...
*FPI just made a New All Time High *Price over 200DMA *Big volume coming in *1 Year Long Base
Wow you cant ignore the upward movement on FPI the 30 is crossing the 50 simple moving averages. Get ready for a nice little pop to the upside. As people invest more in classic assets I see FPI being a winner.
According to my pure interpretation of the chart, there is a good chance that the day will end above $7.50 despite the possible downturns in sight.
big potential to reach the area $7.20 before the end of week.
Farmland Partners, Inc. is an internally managed real estate company. The Company owns and seeks to acquire farmland located in agricultural markets throughout North America. The Company is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the Operating Partnership). All of the Company's assets are held by, and its operations...