PLD
PLD - Sharp Recoveries Dominant trend line in white
Each drop to this line or below is followed by a sharp recovery
great buy entry
PLD (Prologis) - Bearish Double Top Before Earnings - DailyPLD (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.
PLD 4hr chart, momentum breaking down Huge spike in volume, looks like a Top on the 4hr chart. There should be a good buying opportunity after it blows off some steam.
PrologisCompany Overview
Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
Detailed Analysis in photo!
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Will watch this for a week or two before making final decision.
Please support!
Prologis Call?Potential W pattern forming. Price is in support zone. Resistance is there to be retraced! Financials look ok but not great. Price rejects the $107.53 support zone twice... will watch at market open.
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Strike Price: $108.36 and beyond.
$PLD Daily chart$PLD testing this confluence zone between R/S flip and EMA 50 with huge volume. Daily chart
