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Equity Lifestyle Properties, Inc.Equity Lifestyle Properties, Inc.Equity Lifestyle Properties, Inc.

Equity Lifestyle Properties, Inc.

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ELS trade ideas

ELS approaching its all-time-highs! Will it break through?ELS has been absolutely crushing it for the past 6 months with every month closing green! It's approaching it's all-time-highs from February 2020 so the question now is, can it break? Thoughts: * Long term up-trend * Strong up-trend for tha past 6 months * Great long term hold as it's a REIT and therefore pays out generous dividends * Approaching all-time-highs from February 2020 Trading Idea * Look for a weekly close and hold above $77.55 * A rejection from $77.55 could send down to the $76.41 area * And a break below that could send it back to $74.55 which should hold as support * Of course, given its performance $76.41 and $74.55 would be great buying opportunities.
NYSE:ELSLong
by HaseebKhan_90