AKR | Buy | here are my reasons brought AKR at $12 target is $15-16 range: here is why
1) breakout
2) CCI & RSI divergence and holding trend
3) favorable Earnings call & strong Port.
lets talk about it. happy trading!!!
5.14%
−0.32USD
−36.25MUSD
326.69MUSD
94.47M
About Acadia Realty Trust
Sector
Industry
CEO
Kenneth F. Bernstein
Website
Headquarters
Rye
Employees (FY)
115
Founded
1964
ISIN
US0042391096
Acadia Realty Trust is a real estate investment trust, which engages in delivering operating platforms and investment strategy. It operates through the following business segments: Core Portfolio, Funds, and Structured Financing. The Core Portfolio segment consists of retail properties. The Funds segment handles retail real estate. The Structured Financing segment involves earnings and expenses related to notes and mortgages receivable which are held within the Core Portfolio or the Funds. The company was founded by Kenneth F. Bernstein in 1964 and is headquartered in Rye, NY.
Acadia Realty Trust (AKR) long.All description on the chart.
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Go longI like this stock and this is why:
Ver strong long support line.
The stock did a very great bouce today so im expecting a reversal on the upside.
The stock went down for 6 days in a row and today we see a very nice move up so there is potential for a reversal because when you see a great down move
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