RSI getting close to reaching previous ATH
Price over and above 100% fib extension
Up over 15%+ in a week
Price needs a healthy re-tracement
Good time to take some profit off the table and re-enter trade at a big pull back
Fundamnetally this REIT is way over-valued - its a trading instrument, not something you invest into - highly speculative
I'm watching the RSI and volume levels - but am already up 40% since entering this trade at 80$ during its consolidation period a few weeks ago
Looking to just close out my trade or sell 3/4 of shares and let the remainder 1/4 run - and just monitor for a pull back to ride the uptrend again
Long term uptrend is still solid so i see no reason to trend trade against this - its a matter of waiting for a healthy pull back to earn income on trading
Price over and above 100% fib extension
Up over 15%+ in a week
Price needs a healthy re-tracement
Good time to take some profit off the table and re-enter trade at a big pull back
Fundamnetally this REIT is way over-valued - its a trading instrument, not something you invest into - highly speculative
I'm watching the RSI and volume levels - but am already up 40% since entering this trade at 80$ during its consolidation period a few weeks ago
Looking to just close out my trade or sell 3/4 of shares and let the remainder 1/4 run - and just monitor for a pull back to ride the uptrend again
Long term uptrend is still solid so i see no reason to trend trade against this - its a matter of waiting for a healthy pull back to earn income on trading
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.
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.