REIT stocks have been kinda weak on earnings with CCI moving lower. It's not that they're printing bad revenue gains or growth its just market sentiment is very fearful.
KRC Aug 16 EXP 75/70 Put Spread. 0.79/4.21 Max Profit
Low Risk, Medium Reward.
I will close the trade August 5th if the play works out against me if there is much of a debit left.
Looking for topside resistance breakout on the weekly RSI.
MACD should be performing a zero line crossing during this time.
GMMA looks rather bullish with trader and investor MAs compressing on one another.
Consider entry around the orange price action resistance line drawn.
Determine you stop loss before entering the trade
