INNOVATIVE INDUSTRIAL PROPERTES INC

NYSE

IIPR

Triangles are tricky. Converging TL and dropping volume can make a pennant or whatever but EW triangles have rules... cant get a super clear count of the interior waves, so its iffy for me. IF it is a triangle, 1:1 the width of the larger part of triangle off the termination of the E wave is the usual trust out of the triangle....or an extended 5th wave! who knows..

IIPR is ready to breakout again after having already gained 259% in 12 mos. One of the best plays in the MJ market because they lease land to growers and have no need to worry about sales or supply (EPS $2.15 and GRT is 37%). They pay dividends (Dividend yield is 184% with a payout of 2.40 annually with a grwoth rate of 21%) to, which is rare in this fairly new sector.

parabolic rises in such short term time frames are almost always followed by big drops (see every bubble ever). with a PE ratio of almost 140 (dotcom is that you?) the big short is here.

trade worked out,took some prof at break of high, then got dumped on, didnt manage trade as well as I should have. Still holding a bit, this is another chart where I need clarity. Maybe top in, ext 5th, sideways WXY need to break some Ls or Hs MO

STRONG insider buying, however, the pattern may have shifted warning of a potential drop to 108 before the bulls get their shot again

Everyone needs to pay their rent. $IIPR is by far the strongest name in the sector A real lesson in trend following here And a real lesson in who is actually making money in the sector and attracting a bid in the market

$IIPR Strong!

Topping descending triangle pattern. Look for the pullback for reentry for an equal top at least maybe higher.

IIPR entries

With a PE ratio touching 140, fully parabolic move is mostly over. Looking for good OOM put options with expiry around 2020-2021

probably do the exact opposet LOL

its gone full ATH bulltard, extensions are tough to keep track of, dangerous entries IMO but risk could be rewarded. Youre either attempting a knife catch or risk getting dumped on... a reasonable person would wait for some LH and LL..

RSI getting close to reaching previous ATH Price over and above 100% fib extension Up over 15%+ in a week Price needs a healthy re-tracement Good time to take some profit off the table and re-enter trade at a big pull back Fundamnetally this REIT is way over-valued - its a trading instrument, not something you invest into - highly speculative I'm watching the RSI...

Last week broke out strongly above a tight trading range. This week and last week are two very strong bull bars - but a possible buy climax. These two bars are the strongest pair of bars since the Dec rally began, increasing the probability of a buy climax and correction soon. Prices may continue higher for a week or two, but it is a risky time to buy. More...

Ascending Triangle Formation IIPR This is a Cannabis Relatted Reit. Spetialized in buying the space for growing the plant Relatted to Medical.

As investors seek alpha plays outside of the S&P500 and DOW30, I expect that the pot stocks will heat up again. IIPR is a great one, especially since they're a REIT and have to deliver profits to shareholders in the form of dividends, but also because its one of the few pot stocks to make it on to a major market index: the Russell 2000. This is definitely a...

This is one of the only ways to collect a dividend on MJ stocks. With their focus on triple net leases for the Medical Cannabis companies they will show a steady growth. A new partnership with (UPREIT) they will be able to reach new deals with an larger infrastructure. I'll take the dip with upside of 95+

Peep this nice rising wedge pattern that price has respected for the last several weeks. I'm playing a 7% potential profit long to the top of the wedge. We're riding along a nice horizontal support around $84 and also hovering over a month-long trendline support on RSI. Solid setup with a great risk/reward ratio. Entry: 84 TP: 90 S/L: 82.75 R/R: 3.65