SKT trade ideas
Some small sellers are bringing the price down on $sktFrom the analysis of the waves it is understood that in the inferior timeframes is in existence a massive sale of the actions of this Stock, it is probable that the Stock describes the indicated curve in order then to go up and to break the resistance that it is braking
I am not a financial advisor and this is not an invitation to do betraying, but only a personal opinion
SKT Tanger 17 Daily close or retest 14.00Not financial advice.
I remain neutral not long or short.
15.25 does seem like a good area to hold.
Good support there.
It retested 15.25 as shown in my previous chart.
So lets see if that can hold again.
At a decision time right now.
2 possibilities.
Showed both.
Personally I think it'll retest 15.00
Then 14.00 before trying to pick up.
Next few days let us know more.
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Soon to be cccllc
SKT The new GME High Short Interest above 30% Target 23$Not financial advice.
I dont invest in stocks.
Still over 30% in short interests for SKT.
Which is way higher than short interests in GME,AMC, and all the others.
Could this be the next stock that's targeted by the crowd.
I'd say yes considering the short interests.
I post for the people that may be unaware of the market dynamics and hopefully they run by my chart to help them make a sound financial decision.
Opportunity for it to go to 15.50
Refer to triangle currently in with a baseline of 17.30
Id say with the new $ that has came in due to stimulus. This one has really great potential for some sizeable gains.
There is still very high short interest on tanger outlets.
Short Interest is the highest of the Meme stocks at over 30% .
If Gamestop money diverts into tanger 23 is easy estimate.
Of all the Meme stocks there alot of good buying on this one.
Seems it's gearing up.
Could fall to 15.00 before uptick to 23+
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#financialnostradamus
Soon to be cccllc
Tanger SKTThis chart looks incredibly beautiful and is poised to recover in the coming months. Bullish divergences on all indicators following by the bullish pennant forming on all time frames. It is a matter of time before Tanger Outlets takes off.
Spring is upon us and summer is around the corner. Covid is yes still a concern but retail has been hit so hard things will recover as the economy re-opens.
DYOR
FULL SEND!
SKT is trading near multi-years low where with good supportSKT is trading near multi-years low where with good $25 support line, which was last seen in 2011.
Strong dividend coverage and recently increased dividend provide its finance remain strong.
It is also risk-free to short its short-term $25 put to "buy down" a lower entry price.
Long SKT and Short SKT Put