After inverse H&S played out perfectly, would expect normal H&S play out as well. Target $32.30, down move of around $5 from here.
Prologis breaks out the downtrendline with high momentum and volume confirmation. The longterm-trend is goes up.
1. Good fundamentals -Record 39 million square feet of leasing - - Same Store NOI increases 2.7% over the third quarter 2011 - - Occupancy increases to 93.1 percent, 210 basis points over the third quarter 2011. Good EPS increase from estimate. 2. DECENT support, however, price did seem to break support a little, that's why I placed an entry above trend line 3....