Stock Market A To Z: 26 Names, Themes And Trends To Watch - page 9

To add comments, please log in or register
vargas55
5
vargas55  
Hi Sergey, what do you think about the REIT stocks such as STWD, INN and GMRE? Do you think it will be effected in a positive way due to the pandemic situation? I monitor a slight increase in the commercial property purchases in Budapest real estate market. Do you think we're going to see it's reflection in stocks too?

Sergey Golubev
Moderator
118409
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Stock Market A To Z: 26 Names, Themes And Trends To Watch

vargas55, 2020.08.17 18:14

Hi Sergey, what do you think about the REIT stocks such as STWD, INN and GMRE? Do you think it will be effected in a positive way due to the pandemic situation? I monitor a slight increase in the commercial property purchases in Budapest real estate market. Do you think we're going to see it's reflection in stocks too?


GMRE stocks

Daily priceis on primary bullish market condition with the ranging within thin support/resistance levels.

  • If the price breaks 13.90 resistance to above so the primary bullish trend will be continuing.
  • If the price breaks 11.79 support level to below so the secondary correction within the primary bullish trend to be started up to the bearish reversal at 10 psy level.

Weekly priceis located within Ichimoku cloud waiting for the direction (for the strong price to be moved):

  • if the price breaks 13.90 resistance level to above so the reversal of the weekly price movement to the primary bullish market condition will be started with 15.95 resistance as a next target;
  • if the price breaks 10 psy support level to below so the bearish trend will be continuing in the secondary ranging way.

Sergey Golubev
Moderator
118409
Sergey Golubev  

Similar situation with Plymouth Industrial REIT stock:

  • the daily price(in short term situation) is already in the primary bullish market condition,
  • but the weekly price(in medium terms) is still on the bearish waiting for the good news for the market/price to be moved to above.

This is daily price (bullish):

Weekly price (bearish, waiting for the high impacted news events to move the market to the bullish zone in the medium term situation for example):

Sergey Golubev
Moderator
118409
Sergey Golubev  

I looked at many REIT stocks now, and the situation is almost the same for all the stocks:

  • daily price (in short-term) is on good bullish trend, and
  • weekly price (in the medium term) is on bearish flat or ranging bearish or ranging waiting for good high impacted news events for the price to start to be reversed to the primary bullish market condition.

Example with SBRA -

To add comments, please log in or register