Real Estate has seen some specific winners starting to emerge, however, as the Fed soon begins the tightening process, is it possible we still see more in the tank for IYR (REIT ETF) as the Dollar continues it's rally? Keep in mind, a rate hike currently isn't priced in until July of 2022 and the inflationary pressures have been strong but with some patience on...
consolidated base ... tested upper band low volume.. institutional buying... breakout above pivot of 128.47
A breaking of ATH is a good opportunity to enter in the stock. Also the classical indicator like RSI are bullish. ---------------------------- Good Luck
This almost always moves up against the top of the bands when it crosses center, and then rides it up for a while. This "should' be a safe swing trade.
COR Aug 16 115 Put Price was 3.6 max loss will be 1.5 if the position ends up working against me. I think that there may be a small sell off on COR and then it will continue higher as rate cuts price into the market. Its possible the earnings outcome will be neutral in which case there won't be any success in this trade. Medium Risk, Medium Reward. my profit...
$COR Just bounced off the sma50 support, the mid-term trend is up. Looks like a good entry point.