jleez099

IIPR Short-Term Swing

Panjang
NYSE:IIPR   Innovative Industrial Properties, Inc.
Going long @ 101.62
Stop @ 99.59
Target @ 107.00 - 112.00

* Volume seems stable
* Resistance @ 106.10 seems somewhat weak. Price is holding above 100 so far
* Resistance @ 113.05 seems pretty strong
* Support @ 98.14 seems pretty strong
* Support @ 88.29 & 92.02 - Good place to accumulate for long-term hold
* RSI - Bounced @ 56 and slowly trending up to 60
* Stoch - D% about to cross K% @ 43
* Stoch RSI - D% crossing K% @ 2 - Good buying opportunity

Noob here so DO NOT take any advice from me. Learning how to swing trade so any feedback is appreciated.

Indiana J


"Through our eyes, the universe is perceiving itself. Through our ears, the universe is listening to its harmonies. We are the witnesses through which the universe becomes conscious of its glory , of its magnificence." - Alan W. Watts
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