The PEAD projected a slight bullish outlook for $MNR following a positive under reaction after its earning release placing the stock in Drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Symmetrical triangle breakout, and see attached.
Bounced off the 10 ema yesterday, the 50 sma today, and a 10/50 crossover could be incoming. It broke through resistance to.
MNR-had a very strong gap open today, surging approximately 4.5%. Here are the positives: 1. Currently multiple buy Fractals (highlighted in green boxes). Note: four of the sell Fractals afterwards are not valid as they came with prices above alligator's jaw. 2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a strong...
On a 15 minute chart MNR-continues higher. A buy fractal (green arrow) is a series of five consecutive bars where the highest high is preceded by two lower highs and is followed by two lower highs. This has just happened on the MNR-15 minute chart. (Black arrow at $13.80). The fractal is important. It is the first dimension of your trade. If the Alligator is not...
I look for a Trifecta in stocks: STRONG EARNINGS, GOOD DIVIDEND, and STRONG TREND. Monmouth Realty has all three. Let's look at my TRADE-MAP approach: TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces. .....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of...
Disclosure - I have a position in-MNR. 22 days ago I published a chart on Monmouth Realty. As you can see from the chart above-MNR-(Monmouth Real Estate Investment Corporation)-has established a very strong uptrend. This stock is only 3% off its 52 week high. The trend is very strong. From a non-technical perspective, the dividend yield is in the area of 4.72%, so...
A bullish Bat pattern is evident in Monmouth Realty. The latest quarterly earning were solid: MNR-reported Core Funds from Operations (Core FFO) of $12,752,000 or $0.19 per diluted share for the three months ended June 30, 2016 as compared to $9,044,000 or $0.15 per diluted share for the three months ended June 30, 2015 representing an increase in Core FFO per...
Update. Eleven days ago I wrote about the strong technical patterns in-MNR. Today I alert those interested that-MNR earnings are scheduled to be released 08-03-16. The question to be answered: Do the strong chart patterns forecast an acceptable earnings release? The forward P/E is 19.94, the trailing twelve months P/E is 21.32. What does this mean to you? There...
Ten days ago I published "Trending Now". MNR-was installment 4 of this series. I thought I would share with all some charts that are, for lack of a better description, "Trending Now". Disclosure - I have a new position in-MNR. As you can see from the chart above-MNR-(Monmouth Real Estate Investment Corporation)-has established a very strong uptrend. This stock is...
Trending Now Installment Number Four: I thought I would share with all some charts that are, for lack of a better description, "Trending Now". Disclosure - no position in MNR-but looking to go long. As you can see from the chart above-MNR-(Monmouth Real Estate Investment Corporation)-has established a very strong uptrend. This stock is only .75% off its 52 week...