PLD - breaking higher?Breakup looks imminent after a 3 month consolidation.
A strong bullish bar that broke up slightly on 6 April followed by 2 inside bars (potentially bullish) retesting the neckline.
If trade goes our way (ie trend higher) leading to earnings, I would likely take most of the profits off before earnings.
Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!
1PLD trade ideas
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📈🔜 Textbook-like bullish correction?Prologis has a strong seasonal pattern starting on the 8th of March. The price movement is currently forming a bullish flag after the 38.2 % retracement level has been hit. Looks healthy - looks IMO bullish. I see the chances of hitting the yearly high as damn high in the next weeks and months.
$PLD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PLD after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
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Where is PLD headed next?* Exceptional earnings
* Very strong up trend
* High 3-month relative strength in the Real Estate sector
* Built a 3 month base between $125.45 and $138.67
* After breaking out started to consolidate in a tight range
* Slowly kept moving higher even as the general Real Estate sector was ranging during the same period
* Broke out of the tight consolidation with higher than average volume
Trade Idea:
* Now's a great time to enter as the price just broke out of the tight range
* If you're looking for a slight discount you can look to buy near the $150.90 area as that should serve as support
* Even if the general Real Estate sector continues to range it seems like PLD will continue to move higher; given how it performed over the past three weeks.
$PLD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PLD after a Negative over reaction following its earnings release placing the stock in drift C
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$PLD with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PLD after a Negative over reaction following its earnings release placing the stock in drift C
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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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What do you think?
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.
Let me know what you think!
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Strike Price: $108.36 and beyond.
$PLD with a bullish outlook following its earnings #BeststocksThe PEAD projected a bullish outlook for $PLD after a positive under reaction following its earnings release placing the stock in Drift A
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