Short
Short PCL
PCL is one of the weakest stock in the Real Estate industry. REITS have been underperforming the S&P.
This is a good candidate to short in a strong downtrend (see daily chart). Ideally, a short should be opened on a retracement to the 20 MA in the day chart.
This is a good candidate to short in a strong downtrend (see daily chart). Ideally, a short should be opened on a retracement to the 20 MA in the day chart.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.