$O (REALTY INCOME) - BULLISH
pretty oool find. doesnt get cleaner than this.
what we do we see:
1. Uptrend (3M) time frame
2. 3rdtouch of support 3M time frame (google: three trend line support bounce)
3. Last touch of support came with a ~$8 bounce and a huge green volume bar (bullish)
3. 200MA is also acting as a trend line support (1M) time frame (confluence with trend line support on 3M time frame)
4. Lastly,
O pays YOU quarterly for being a share holder; an annual yield of 5.84%... which can be reinvested into the stock (DRIP) or just get paid and withdraw. It may not seem like a lot. But its WAY MORE than what banks pay you for holding your money in your savings.
what we do we see:
1. Uptrend (3M) time frame
2. 3rdtouch of support 3M time frame (google: three trend line support bounce)
3. Last touch of support came with a ~$8 bounce and a huge green volume bar (bullish)
3. 200MA is also acting as a trend line support (1M) time frame (confluence with trend line support on 3M time frame)
4. Lastly,
O pays YOU quarterly for being a share holder; an annual yield of 5.84%... which can be reinvested into the stock (DRIP) or just get paid and withdraw. It may not seem like a lot. But its WAY MORE than what banks pay you for holding your money in your savings.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.