The chart says it all...
When it confirms, explosion to the upside seems what will happen. I also see more upside in the AEX (a top in May preferably) so this is very possible...
Shalom,
Im
After dumping into oblivion after a hard negative earning in march, URW is setting to rise back up with a correction. As long as the incoming earnings report isn't abysmal it is set to rise after bouncing on a support. First profit target to get is the first next big resistance level and possibly the trendline that started the dumpening a couple of years ago.
Unibail-Rodamco-Westfield combines two of the strongest and most respected names in the real estate industry to build on their legacies.With a portfolio valued at €62B
Investment strategy
Beginning of 2020 the stock value was 141€ However during the pandemic the stock value plunged By around 60% , as Europe gradually reopen the shopping malls and its borders,...
Unibail-Rodamco-Westfield combines two of the strongest and most respected names in the real estate industry to build on their legacies.With a portfolio valued at €62B
Investment strategy
Beginning of 2020 the stock value was 141€ However during the pandemic the stock value plunged By around 60% , as Europe gradually reopen the shopping malls and its borders,...
Intro
Unibail-Rodamco-Westfield combines two of the strongest and most respected names in the real estate industry to build on their legacies.With a portfolio valued at €62b
Investment strategy -
Beginning of 2020 the stock value was 141€ However during the pandemic the stock value plunged By around 60% . as Europe gradually reopen the shopping malls and its...
Maybe we can see a break in the cup and handle pattern soon on the Unibail Rodamco Westfield stock. I personally believe URW will break the pattern upwards, because of the high dividends and the price drop harsher than I think is needed. The Net Asset Value is almost 4 times the current stock price and the dividend would be 18,6%. They decided not to turn out...
In their report they're already talking about risk management with a possible upcoming recession. Unibail-Rodamco focusses on renting real estate to retail brands and standard housing;
sectors that will take big hits when an economy sinks into a recession.
A descending converging wedge is forming on the daily charts with the RSI indicating a small upward push...
