Bearish below $15
Looking to short it if it breaks support zone.
Good Dividends but unsure if it's worth buying at support level.
Swing Idea:
1. Short below $15 / Cover over $15.50
OR
2. Buy at support level and write a cover call when it gets to resistance level
I think it will fall more as the fed rate hikes will impact all the REIT.
I will monitor next week to see watch the daily chart. Only issue I have with TWO is they had a reverse split and have not been doing well. If it continues to fall in price, I think another reverse split will happen. Which is why I am bearish.
If you're an expert with REITS - please comment and advise with your thoughts on it. Thanks!
Looking to short it if it breaks support zone.
Good Dividends but unsure if it's worth buying at support level.
Swing Idea:
1. Short below $15 / Cover over $15.50
OR
2. Buy at support level and write a cover call when it gets to resistance level
I think it will fall more as the fed rate hikes will impact all the REIT.
I will monitor next week to see watch the daily chart. Only issue I have with TWO is they had a reverse split and have not been doing well. If it continues to fall in price, I think another reverse split will happen. Which is why I am bearish.
If you're an expert with REITS - please comment and advise with your thoughts on it. Thanks!
Not
Went long at Green Line and have sold at ORANGE LINE. My Stops will be hit soon and will buy at Green Line.Not
Tight Stop in Place.. Rinse and repeat play.
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.
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.