Can mall operators withstand the current headwinds?.... not with rising interest rates. That's the nail in the coffin! Retail Bankruptcies Negative sales environment Store closings Rising interest rates Shareholders got completely hosed when management rejected SPG's 95.50 per share takeover back in 2015. Talk about shoulda, coulda, woulda, I doubt this company...
AMZN economy. Rising rates and more spells DOOM for mall operators. Worse then ever before!
debt like 60% market cap, if lose the last buy zone at 50$, will gonna go down, and crisis coming.
Price has just broken out of the Ichimoku Cloud. It could be the start of a new uptrend. The idea is to catch a new trend as early as possible and ride on it as long as possible. No target price to hit. Go long and place a trailing stop along the way as price goes higher. Set a stop loss when you open the position. For more trading resources, go to: www.patreon.com
Will be looking for an upward move out of bottoming. Will look for 8/21 crossover