$EXR Trade Idea. $106.35 has been a strong resistance zone. Looking to go long on $EXR over $106.35 with volume. AMEX:ERX
Hey people, EXTRA SPACE STORAGE is in a fake bearish movement in a zone of consolidation right on its cost line, which it will break to come on the gap and seek the high of its previous lower to start again on the rise. Since we are in more than half of the zone, there is a great possibility of the breakout to join its new zone of consolidation, with the volume of...
Ascending Triangle Pros R/R ratio above 12 Descending volume PPS above 50MA and 200MA 250RSI above 50 Cons 200MA Descending ATR descending If confirmed PT1 = 4,13 PT2 = 4,57 PT3 = 5,04 PT4 = 5,69 PT5 = 5,85
buying level by level till reacts to the support lines
Double bottom on uptrend stock plus a bullish engulfing candle
After reaching new highs in 2018, a major bearish divergence has formed on both the MACD and RSI. This can be seen by a much lower reading on the indicator, yet a higher high made by the price. Also, an ascending wedge has formed, which will likely lead to major downside upon crack of the lower support trend line.
A break monthly wedge will bring a sharp waterfall, imo heading to 618 fib retracement
Last week, EXR held a very nice support at $90.00. For a day or two, I am expecting a minor retracement back to $93.00 and then back to $100. The relative strength indicator is back above 50 and is showing a gain in strength/momentum to the upside. I am experimenting with a vertical spread by buying the 95 call and selling the 100 call expiration in December. I am...
Looking good on the daily chart for $EXR
Short @ 95.03 Market Cap - 12.53B Beta - 0.40 Price/Book - 5.12 Forward P/E - 31.59 - Since the beginning of the year, shares of EXR have continued to outperform the industry. - Despite 1Q18 - Lots of the company's markets are witnessing an increasing supply of new self-storage space which is due to fuel competition - meaning EXR won't be able to raise rent...
We could see a potential setup for a bounce off EMA20 for EXR
EXR with in my opinion a B grade triangle and no volume on the breakout. May continue higher but would definitely need to see more volume come in. If not could be a fake breakout and return lower.
EXR broke market Profile Support today. Should continue lower.
Looking for entry signal at end of day..move coming one way or the other soon.
Monitor for further buying interest to support the price over the near term. Target: US$79.34, US$81.93, US$84.99 Support: US72.06