Stag: trendlines broken new lines filled

מאת ‎swimmax‎
STAG ...what can we say technical about it.

The purple is a long term July '2017 trend line and the pink is a Aug '2018 trend.

We pass the 2017 trend line and are now touching, ever so slightly, the 2018 trend line.

We passed all resistance levels (long ago) and we are $3 a share away from the 50MA.

In the short term we expect some profit taking and a pull back but with the limited supply of large industrial spaces (suitable for ecommerce or distirubtion) we don't see a problem keeping these levels in tact.

Happy upside trading on STAG
distributionecommerceindustrialSTAGstagindustrialSupport and ResistanceTrend Lines

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