IGBREIT cup with handle set upIGBREIT
A cup with handle pattern has formed
Stock price above both 20MA (short term) and 50MA (mid term)
But 200MA still sloping downwards
Wait for more tight consolidation
Trade ideas
REITs recovery?several REITs have shown upside movements this week. Currently on IGB it has formed a ascending triangle, awaiting breakout and retest to make sure that its not a false break.
*DYOR on fundamentals
IGBREIT - Up momentum increaseIGBREIT - Up momentum increase
Note: For Interested to subscribe the VT MCDX Smart Money Plus and learn Victor Trade System, and kindly contact owner
(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk
