-Strong reit company to invest in in this uncertain time full of volatility -An ex Warren fav stock with great fundamentals and business model!
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times in the past 3 days. For allocation purposes, be mindful that support has been broken on the 20-21th Aug. At the same time, I don't believe this being a reason not to take this trade. Target price set at resistance line bounce. - Historical Uptrend - RSI and STOCH well...
We can see that STOR keeps breaking the resistance and creating a new support each time. We can expect STOR to go to a period of digestion, going up and down, however it shouldn't touch the previews red line of support. If it does, then my prediction is wrong and STOR would go down hill. Keep an eye on the last support level.