Nice breakout and retest some reits are rotating upward
AVB has a death cross that is approaching. This pattern still favor's a near term bounce but will likely resume its longer term downtrend once buy the dippers are exhausted. This is a trend that is not your friend.
I mentioned that this is guaranteed to sell off and it did.
This is the first time I put a black screen meeting twice. This is as guaranteed as it gets to go down with this double confirmation!
Goodnight lullabies to this ticker. It wants to rest A bit and that's just fine. I glance at 500 - 1000 tickers a day and drill deeper Into 30 or so. The market is RED. I'm a call/buy type trader so I do not see much Plays for this BSM.
Thie chart looks bullish. My placed order wasn't filled yet because of the daily gap. But maybe it's getting filled in next week. Good trades, folks!
The PEAD projected a Bullish outlook for $AVB after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
Hey Guys, Yurii Domaranskyi here. Risk vs Reward = 1 to 6.26 ✨ It means if you risk here 100$ you may make 626$ Not bad, huh?
Two wedge formations can be identified on chart, this wedge then leads to a low (1), quickly recovers to the major trend line (2) Continuation of the major trend line in green is likely
Trade plan: Buy long - $220-$225 Stop loss - $214 Target - $240 resistance AvalonBay Communities (AVB) - For the six months ended 30 June 2021, AvalonBay Communities Inc revenues decreased 6% to $1.11B. Net income applicable to common stockholders increased 74% to $588.9M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total decrease of 13% to $1.96....
The resistance level has been broken with the minimum long-term target level in the region of 320.
Buy signal generated Buy at market S/L - 130 T/P TBC
Stock bounced off bottom horizonal support line. Look for price to hit upper horizontal resistance.
AvalonBay, monthly timeframe: Mirror level + Side of Bollinger bands + Hammer + Spinning Top + Nice discount
Great options play. 30% Upside
If you understand the idea, push a thumb up! Have a question? Don't be shy to ask!
AVB bounced up from falling trendline
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