EPRT Long Setup — Breakout Above 200-EMA and Cloud Confirmation
Essential Properties Realty Trust (EPRT) is showing a potential long continuation after reclaiming both the Ichimoku Cloud and 200-EMA on the daily chart.
Technical Overview:
Trend Shift: Price has moved above the descending trendline and the 200-EMA, signaling renewed bullish momentum.
Ichimoku Confirmation:
Cloud flipped green, indicating a medium-term bullish bias.
Price above both Kijun-sen and Tenkan-sen supports strength.
Chikou Span has cleared prior resistance levels, validating the breakout.
Pivot & Support: Nearest major support sits at $28.95 (S1 zone / prior accumulation).
Resistance Zones: R1 at $31.62, R2 at $33.48, major horizontal resistance near $34.79 (target zone).
Volume: Increasing volume on the breakout supports the move.
Risk/Reward: Entry at $31.14, stop at $29.77 (-4.4%), target $34.79 (+11.7%), R/R ratio = 2.6.
Macro Context:
The REIT sector has seen renewed interest as rate-cut expectations for 2026 stabilize bond yields. EPRT, focused on essential single-tenant properties, remains relatively insulated from rate volatility.
Trade Thesis:
If EPRT holds above $30.75 (the breakout level), expect continuation toward $34-35 as the next liquidity zone. A daily close below $29.80 would invalidate the setup.
#EPRT #Ichimoku #EMA200 #Breakout #SwingTrade #TechnicalAnalysis
Technical Overview:
Trend Shift: Price has moved above the descending trendline and the 200-EMA, signaling renewed bullish momentum.
Ichimoku Confirmation:
Cloud flipped green, indicating a medium-term bullish bias.
Price above both Kijun-sen and Tenkan-sen supports strength.
Chikou Span has cleared prior resistance levels, validating the breakout.
Pivot & Support: Nearest major support sits at $28.95 (S1 zone / prior accumulation).
Resistance Zones: R1 at $31.62, R2 at $33.48, major horizontal resistance near $34.79 (target zone).
Volume: Increasing volume on the breakout supports the move.
Risk/Reward: Entry at $31.14, stop at $29.77 (-4.4%), target $34.79 (+11.7%), R/R ratio = 2.6.
Macro Context:
The REIT sector has seen renewed interest as rate-cut expectations for 2026 stabilize bond yields. EPRT, focused on essential single-tenant properties, remains relatively insulated from rate volatility.
Trade Thesis:
If EPRT holds above $30.75 (the breakout level), expect continuation toward $34-35 as the next liquidity zone. A daily close below $29.80 would invalidate the setup.
#EPRT #Ichimoku #EMA200 #Breakout #SwingTrade #TechnicalAnalysis
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.