Parkway Life Reit has been consolidating within a wedge pattern for the past 2 months. It is getting close to the apex of this wedge and RSI is now trending above 50. Am expecting a breakup to happen in a matter of 1-2 weeks.
I am accumulating within the narrow end of this wedge (3.35-3.4+) to wait (patiently) for the break.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
I am accumulating within the narrow end of this wedge (3.35-3.4+) to wait (patiently) for the break.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.