PLD (Prologis) - Bearish Double Top Before Earnings - Daily
PLD (Prologis) stock price has double-topped below $169 resistance on the daily chart.
A bearish pullback is possible, if support levels are broken to the downside over time.
PLD (Prologis) reports earnings on 04/19/2022.
Utilize stop loss, position sizing, risk management.
Entry (short): $165.33
Profit Target +7% (exit): $153.74
Stop Loss -3.5% (exit): $171.15
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
A bearish pullback is possible, if support levels are broken to the downside over time.
PLD (Prologis) reports earnings on 04/19/2022.
Utilize stop loss, position sizing, risk management.
Entry (short): $165.33
Profit Target +7% (exit): $153.74
Stop Loss -3.5% (exit): $171.15
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
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