Innovative Industrial Properties, Inc.
업데이트됨

Bottom for IIPR?

138
3 new leaseback deals announced just before Christmas. Dividend coming up in just 4 days, expected to increase again. IIPR blew upward, riding the MJ bubble, and deflated when that bubble burst. The current valuation is quite high, comparing fundamentals to other REITs.

It is currently attempting to break its 50 day line, and we should expect a test of the current rally attempts. With pivot points posting higher highs and higher lowes, perhaps going long at the current levels doesn't seem like a bad idea. Even if the bottom isn't in, it doesn't seem reasonable to me, that this would drop below $70, perhaps $65. Providing that the Bull Market continues...

What are your thoughts?
노트
I really like how this looks... Indicators, fundamentals, long term prospect, etc.

스냅샷
액티브 트레이드
Bought $76,50
Stop Loss $73.50
거래청산: 스탑 닿음

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