IGBREIT cup with handle set upIGBREIT
A cup with handle pattern has formed
Stock price above both 20MA (short term) and 50MA (mid term)
But 200MA still sloping downwards
Wait for more tight consolidation
IGBREIT trade ideas
REITs recovery?several REITs have shown upside movements this week. Currently on IGB it has formed a ascending triangle, awaiting breakout and retest to make sure that its not a false break.
*DYOR on fundamentals
IGBREIT - Up momentum increaseIGBREIT - Up momentum increase
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