AlexKondratev

SHORT KIM BREAKOUT RETEST FROM 50MA IN THE DOWNTREND

Short
NYSE:KIM   Kimco Realty Corporation (HC)
The second rising wedge breakout in the strong downtrend. We have breakout retested from 50MA with nice engulfing signal and 200MA above the 50MA as confirmation of the strong downtrend.
The first target is 78.6% ($15.22) with main target near 100% at 6.41%.

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