uptrend Segro has a clear chart and totally if i have to select a position among some, I will choose one with clear chart, I mean with the minimum fluctuations. It's triggered for buying after this breakout and suggested SL could be at about 1243
SEGRO Tip: Hold Price target: 1250p CURRENT PRICE: 1245.5 Date: 8th of August Bullish points: - Robust rent collection rates - Disposals have been at a significant premium to carrying value - Rising rents - NAV has been rising - Tenants benefit from the shift to e-commerce and even helped by the pandemic - Clean balance sheet - Increase in dividend -...
This week I will be keeping an eye on the UK based REIT SGRO, their main business is managing industrial storage units, the stock is within 3% of its all time highs and is consolidating nicely around the 662 level. The consolidation has been a bit all over the place for my liking and that skews the entry a little bit as I like to clear all previous highs with my...
Last post: April 30th. See chart . Review: Price was trending well after the cup and handle formation. Update: Since the last post, price went into a mini consolidation but the trend has resumed again. Conclusion: We can look for entries based on breakouts of previous highs on the daily chart. Any comments or questions, do not hesitate to leave them below....
Segro PLC is developing into a nice trend using the 50 simple moving average to help it climb to higher highs. On the Monthly chart (not shown) price made an all-time high of £77.24 in 2007. After that we saw price plummet to a low of £1.50 in 2009. Ever since then, price has been clawing its way back up and appears to be finding some steam and making higher...