IIPR is poised to dip into our blue Target Zone between $85.28 and $76.66 to settle the low of the blue wave (ii) and, thus, lay the foundation for the impulsive rise of the blue wave (iii). However, with a moderate probability of 25%, the price might also decide to head further south and breach the support at $69.08, pushing the turquoise wave alt.5 toward a new low.
Looking at the IIPR weekly chart, I see a clear bullish pattern playing out (in green). I expect the price to break above the downward sloping upper trendline, and then retest the trendline for support, at which point we will really see the price make its upward move.
This is an update of a previous recent idea. The MJ composite has had a pullback and shows bullish RSI divergence. It is at support and has various resistances dynamic and stationary above. The time is now to analyse the preferred symbols / stocks within the composite. ( Alcohol thrived during the Great Depression, no reason not to assume that cannabis...
Dear Colleagues, this is my first post in tradingview.com IIPR is a promising company with rating of good to very good as per the QoQ performance. the price of the stock got oversold and start to rebound as per the technical indicators shown in the graph ( this is Weekly chart). new Elliot wave is expected to birth. consider the following when trading this...
Sometimes I just put where I think are bottoms to play 1-3% gains. But I also keep them there. Just Incase I want to add more to it
IIPR can make a new ATH? Lets follow! It seems that IIPR has recently completed or just near to complete wave 4 of a 5 segment up going wave. If true , It is going to make a new ATH. Strong support is remarked on the chart with comprehensive information. Also, Next strong Resistance zone with detailed information is shown on the chart. We probably will have a...
The stock has been making a flag pattern after the market topped. If we take the runaway gap made at the beginning of July as the initial move before the flag, then is a 57 point move. According to the flag pattern measure rules, if a breakout above occurs, then the price of NYSE:IIPR should get to $300. Last week rebounded from its support at $222 with a nice...
*rising rates environment is a disaster for large cap stonks & Ponzi Pogs. BUYER BEWARE- FWD projections!!! Gems make money TODAY & years from now!!! #cannabisreform #jobsandjustice #gnln #thegem Can't seem to edit the "monthly" on chart to "weekly" THIS IS THE WEEKLY CHART
When the Landlord & Tenant situation gets going it'll be a #cashexit. Race to bottom. The Cannabis sector is a yes otherwise. USA MSOs. $GNLN #thegem
Innovative Industrial Properties (IIPR) is primed to BTFD. I have a $220 target and could see upwards of $250 in the near to mid future. They're my "pick and shovels" play in the Devils lettuce industry. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has been consistent and their debt to asset ratio is gnarly af. No need to thank me nerds...
What more needs to be said. This company states that they are the first of its kind am I am blown away by their portfolio. Of course financials are great and within this year they have been active in their growth opportunities! Nice dividend increase from $1.17 to $1.24! Financials are impressive to a degree. I see room for growth. I bought 1 share and will buy...
APHA was my #1 Cannabis play going into this year based on the fundamentals and it's held up very well, still my #1 long term pick today (along with tangential Cannabis play IIPR). That was followed by CGC and ACB with TLRY coming in at #4. Now with my #1 and and #4 plays merging and largely rounding out their strengths and weaknesses, it is an even stronger #1...
Evening Traders, Today’s analysis will be on IIPR, breaching structural support and currently is testing pitchforks median line (resistance) Points to consider, - Bearish trend, consecutive lower highs - Median line tested - Structural support breached - RSI recovering from oversold - Stochastics in lower regions - Volume climax evident IIPR’s overall...
I noted about a month ago that IIPR remained as neutral for investors until it broke the 86.00 level then re-tested it. Obviously, we have clearly done that and as such I am incredibly bullish on IIPR. The stock found support about 40% off its peak to low during the weed bear market which is far better then many others that plummeted 100-200%+. During this time,...
Hello Traders! Today’s chart update will be on IIPR which has a potential bullish pattern playing out – an Adam and Ever reversal formation that will be confirmed by a break of structural resistance. Points to consider, - Bullish pattern coming to fruition - Structural resistance to break - EMA’s supporting price - Stochastics in upper region - RSI trending...
IIPR could be forming a bull flag. Indicators are cooling, relatively good volume, but speculative play.
Trade Entry Feb. 21 Expiry - Put Credit Spread – 80/85 strikes – Trying for $3.00 credit. Lowest acceptable $2.80. Max risk $218. Max Gain $300. 62% POP I will update if I get filled on this order. Better than 1:1 risk/reward and better than 60% probability of profit. Meets minimum requirement. Personal opinion - this is great REIT. Previous high over...