Already been there. Traded at 17.00 on 6/6 (Fri) and 17.01 on 6/9. A decent number of shares traded at 16.99-17.00 on 6/9, but the threshold had/has too many sell shares.
Not counting the takeover spike, 17.01 is the highest since 2007. 16.50 is only 3% off a 7-yr high. This is the 6th trading day after a 7-yr high. Wow, we been more than a week without another new high. Hey, Hamo, we gunna cut your bonus if you don't give us another new high fix pretty damn soon. We don't care what you did for us over the past 2 1/2 years, we want more NOW, or we're going to bellyache and whine because we been 6 whole trading days without another fix.
REITS have been hammered over the past 7 or so trading days. Without fresh moving news, NRF has been blowing in the macro wind. Just gotta wait it out.