Digital Realty with a classic example of retest of symmetrical triangle before a possible a continuation up.
Formed a double top, pulled back to see if previous resistance would act as support and will possibly continue up from here.
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• The company recently acquired a European data storage company, Interxion, which will boost the company's footprint in Europe. The data storage business is a good investment, as wireless carrier tenants should see an uptick in demand from data-using customers. In addition, Argus Analysts expect tenants such as Facebook and Comcast to have a greater need for...
Hey traders, DIGITAL REALITY TRUST is giving a bearish signal, it is ready to break its strong trend support to go looking for the bottom of the range and start rising again. See if he will have the strength to reach the top of the range to find his highest.
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Digital Realty Trust is also closely tied to the cloud-computing phenomenon. The real estate company runs data centers. Given how many workers are telecommuting, demand for communications service is strong.
RSI is still weak and negative divergence now. It may pull back