Hey Buddy, I am thinking prior to the $29.25 ceiling we are looking at the 200 SMA ($28.84) as a point of resistance. After that, we still have not filled the gap from Sept. 20th at $29.02. My thought is, If we blow through the 200SMA and bounce off of the gap fill then a backtest to the upper trend line of the recent pennant is possible for a reload. This could all happen in the next few days!
Gentlemen, I am humbled by your kind words and confidence in my opinion. As another quarter draws to a close, I wanted to take a moment to thank each of you for a wonderful year of insightful commentary. For my limited contributions I have received some very nice remarks and I wanted to thank you all collectively.
My very best!
Ovicp, mREITs are in a class of their own and upward/downward movements normally are not in step with the major indexes. As a suggestion, compare against others such as NLY and CIM. Build a watch list on the NASDAQ site so you can click various tabs. (click "edit symbol list" and add your tickers) The NASDAQ site is almost real-time as it updates prices every 7 seconds. Charts are a bit sluggish and update at a slower rate.