Earnings watch 2/7 post-market: SPG BAP TTWO CHGG AMGN AOSL RMBS ACLS THC DAC Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of...
SPG - Simon Property Group Report on 07/02/2022 Real estate operator (mainly shopping malls) Based on technical analysis on weekly graph the price is currently sitting on 2 support lines (trend and level, which used to be strong resistance lines previously. Also shares are oversold by STOCH and we can see candle pattern pointing on change of trend. All in all I...
Conviction: 3/5 there may be near-term pullback for better entry General Thesis recently bounced off (low confidence) long-term channel breakout from medium-term resistance (2016) although a bit of indecision around resistance line Weekly RSI is high, but did not stop continued rise from 2009 lows Growth Margins high and growing growth is...
Real estate shopping mall company Simon Property Group is showing incredible momentum before a strong rotation into real estate has even occurred. We haven't seen any meaningful rotation into real estate (IYR) in quite some time like we witnessed Paired under the magnifying glass with other shopping names like KIM and industrial names like $PLD we could be...
SPG has a stable up-trend movement as the covid became in control. Inflation causes an increase in REIT value. Moreover, as we get closer to the Shopping season, Christmas, they potentially can earn more. During the pandemic, they own some of their tenants. SPG had up and down a lot, but it was so strong and quickly regained its previous position. It touches the...
Ascending triangle break out coupled with strong volume, MacD cross & tons of 145c 11/19 and 1/22 150c (coincides with .618 extension).
SPG has recently filled the gap in its chart. Now that the gap has been filled a reversal typically takes place back down towards the next level of support/resistance. In this case that level is 120.
Disclaimer: Not an advice to Sell or Buy!!
Due to recovery from Covid 19 and inflationary signals value of property will rebound. SPG is working to make spaces more lifestyle spaces rather than traditional malls. Long term play target 165 Nov 21 or Latest Mar 22.
Nice 50 moving average multiple bounces. Tried to move higher after 120.00 level breakout. Multiple retests of the broken level. Looks ready to move higher.
Simon Property Group operates as a real estate investment trust dedicated to the ownership of world-class stores, restaurants, entertainment and mixed-use destinations. The company is in a delayed sector, consolidated its recovery and uptrend. - Revenue $4.6B - Net Income $1.1B - EBITDA $3.2B - EBITDA MARGIN 71.1% - Dividend Yield 4.54%
MID-TERM: Ascending triangle breakout backtest with hidden bullish divergence, in strong uptrend. (not financial advice)
This will be a great earnings play! ➡️Pattern recognized: Running flat ECW ➡️Hypothesis: Bullish ➡️Catalyst: Earnings in less than 30 days ➡️Conclusion: Will buy to open calls on Monday ***This does not constitute financial advice.*** If you like what you see why not support us? 👇
This maybe one of my few option plays this week It has similar set up to PSEC, which I am up 420% on calls as of right now.
SPG - Simon Property Group to Crack $100 in the next few weeks. Target $130 to $140
Real estate is expected to out perform the index in 2021. NYSE:SPG is about to break out and go for a nice bull run, long the break above 96$. Anticipated price movement is shown on the chart, stop 80$. Hit the like button and follow if you find this useful :) This is only my own view and not financial advice, do your own analysis before buying or selling Happy Trading!
I see couple of gaps to be filled here. So the question is - where do we go first? Will the lower gap be filled during the shopping frenzy? Do not think so. Moreover - do we see a golden cross forming here??? Yep! So first we go to 95-100 in Jan, and then (maybe…) back to 60’s in Feb-Mar.