Good reit trading at a discount. Closely held by insiders.
This is one CEF that I have been following for a while. Technicals... BB are compressing and looks like set for a big move, likely higher. Coppock stick bullish, KST is not bad. Currently trading at a near 14% discount to NAV. www.cefconnect.com
Definite Sell Signals. 1. Bottom BB Band. 2. KSTindicator Bearish and crossing 0, 3. CMF is negative. 4. Coppock curve is negative and crossed 0. Has some more room to go down. Would not be surprised to see it hit the lows we saw a few months ago, around $140.
Sell Signal via Bollinger Bands, closing in the bottom channel. (Sell Signal). KST and Coppock are reversing and are pointing down. CMF is flowing out.