I posted about this one earlier about an entry with a pocket pivot but now it's giving another entry signal with a breakout.
If you didn't get in before, this may still be a great time to enter.
* Good earnings
* Very strong up trend
* High relative strength in the Real Estate sector
* Trading higher than average volume
* Breaking out of a tight consolidation of 2.77%
If you didn't get in before, this may still be a great time to enter.
* Good earnings
* Very strong up trend
* High relative strength in the Real Estate sector
* Trading higher than average volume
* Breaking out of a tight consolidation of 2.77%
Note
Given the current market conditions LXP is holding up extremely well. This is a sign of high relative strength.Looking at the price action going sideways but volume picking and staying steady indicates that some institutions may be accumulating this during this time.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.