* Great earnings
* General up trend
* High relative strength in the Real Estate sector
* Pays generous dividends
* Recently broke out the previous ATH from 2015 of $21.93
* Before that it consolidated between 18.66 and 20.46 for ~5 months
* After breaking out of $20.46 it create a base on top of base pattern and consolidated for ~2 months before breaking previous...
KW has been gradually raising its dividend payment for the past 9 years. The current dividend annualizes to 88 cents per share, with a yield of 5.42%.
JPM’s 5-star analyst Anthony Paolone is bullish on KW, writing, “We think the combination of the dividend yield, growth in NAV/share in the mid-single-digits that should return in 2021/2022, and the potential to...
Pros:
- Hammer like candle with good volume. About x2 the normal recent green days volume
- FI Divergence
- RSI Similar bottom levels eventough price traced lower low
- Acc/Dist traces higher point eventhough price traced lower low
Cons:
- EMA still pointing down
Another "easy" one... i don't know if i should explain this one because it looks like almost all my scenarios.
Double bottom, value zones broken (Accumulation process)
If you have any questions... feel free to ask me.
Key points
1) Confirmed break of ascending wedge beginning November 2014
2) Break of 50 week moving average
3) Lower highs and lower lower price structure
4) Large volume indicating distribution by large holders
5) RSI not oversold so short entry timing is reasonable
6) Note double lower bollinger band rejection could be viewed as bullish, but in the context of...
