Key Positive Aspects and Company Growth
1. Stable Dividends: SL Green Realty Corp, the largest owner of office real estate in Manhattan, continues to pay monthly dividends, which is a positive signal for investors.
2. Strong Market Position: The company maintains a leading position in the Manhattan real estate market, as confirmed by the latest financial...
Until Dec 12 Fair Price was $35.91.
Dec 1 price jump shifted
Fair Price up to $41.84.
Oversold above $44.60 (sell signal)
Oversold below $40.06 (buy signal)
Commercial real estate struggled for more than a year as interest rates rose. But now there may be signs of a turn in one of the most actively traded names: New York office-building owner SL Green Realty.
The first pattern on today’s chart is the price action on October 31 and November 1. SLG dipped under the previous week’s low on an intraday basis before...
Key numbers for next 19 Days:
30.66 (lower Fair Price),
34.66 (resistance), and
38.66 (Expected Fair Price)
On Aug 21 my estimated FAIR PRICE for the next couple of days is 30.66.
Over the next 19 days my 19-DAY FAIR PRICE is 38.66 if the price manages to cross above 34.66.
If the price does not cross above 34.66 then FAIR PRICE will remain at 30.66....
IDEA :
Sell SL Green $12.5 strike puts expiring 5/19/2023 for $50 per contract (Currently $0.50 market bid. Be sure to check prices.)
NOTE :
Your broker will reserve $1,250 in buying power for every contract sold.
STATS :
-46% breakeven (We have this much “room” until we would be underwater at option expiry.)
30% annualized return
92% chance of max...
Long and short SLG
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
$SLG is on it's way to pre-COVID highs with clear targets ranging from 12-43% gains. It's currently in a channel or a broadening wedge. If it's in the ascending broadening wedge I would wait for confirmation that it's not going to break down. I'll wait for another bounce off the support of the channel/wedge before entering.
SL Green is forming a possible downward channel that could take it back to the earlier levels, retracing the gains since November. 2020. Being an NYC REIT, there's a lot of tough sledding ahead.
I'm guessing that it pays to be patient and see where the trend leads.
the Fidelity Equity Summary Score is 6.7 (neutral).
If you're a reflation bull, buy some for...
SLG is a REIT, I identified this company through Finviz, so far it seems like a pretty decent tool to identify opportunities. Real estate similar to travel is another sector that has been beaten so badly. As such I don't think there are many speculators monitoring this company to move the price wildly
Since the drop in Mar, unlike the broader market. SLG has not...
SL Green Rlty Corp (SLG - US) is in ABC zigzag correction as shown in chart. It is major under-performer in Daily time frame. In ABC wave pattern it made B wave as triangle. Wave C is in 3rd wave sequence, which should be very fast.
SLG seems to have completed minute wave 5 up and is now starting totrace the corrective minute 2 down. The most probable range for this correction target is from 49.66 to 48.08. FOLLOW SKYLINEPRO TO GET UPDATES.
Office REITs in the US have been beaten up for a long time since 2015, differently than stocks. SL Green seems to have finished a primary wave Y down and it is developing its first impulse wave in the upward direction. The most probable scenario is that Minuette wave 5 started at the first minutes of the section with a good volume. If this scenario persevere SLG...
CURRENCYCOM:SLG
After reaching a massive correction of 60% since 2015, SLG seems to have finished the cycle wave A correction after retracing the Fibonacci level of 0.618. If cycle wave A is finished, we should see chance of gains in cycle wave B up,
