SBRA trade ideas
$SBRAFalling, broadening wedge
Daily hidden bullish divergence on the MACD and RSI
4hr hidden bullish divergence on the RSI and classic bullish divergence on the MACD
Stop = Just under horizontal support
1st Target = Resistance @ $20.77
2nd Target = Resistance @ $22.51
If it breaks resistance, long I believe in health care reits so the potential to reach highs of $30 is possible if it breaks the resistant line
Multiple supports underThis one looks goo to go,lot of support underneath. The 50MA is tipping up and will act as another support
