O (Realty Income Corporation) - Bearish Multiple Top - Daily
O (Realty Income Corporation) stock price has reached a two-year, all-time-high resistance zone of $72.56.
If resistance holds strong, the stock price could pullback over time to test support below.
O (realty income corporation) reports earnings on 05/04/2022.
Entry (short): $71.56
Profit Target +4% (exit): $68.59
Stop Loss -2% (exit): $72.91
Utilize stop loss, position sizing, risk management.
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
If resistance holds strong, the stock price could pullback over time to test support below.
O (realty income corporation) reports earnings on 05/04/2022.
Entry (short): $71.56
Profit Target +4% (exit): $68.59
Stop Loss -2% (exit): $72.91
Utilize stop loss, position sizing, risk management.
Note: XLRE real estate ETF has also begun to pullback on a daily chart.
All content is Not financial advice. Trade at your own risk.
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Boost, comment, cheer, or share to support.
All posts are not financial advice.