Post by
drbob512 on Jun 29, 2020 10:55pm
TA. for IIPR Monday:
Parabolic SAR had risen above SP a few days ago when the SP lost momo by allowing the SAR to match it by rising SAR/ dropping SP.; it remains negative, now @ 100. Support @ 85 held today that saw intraday low of 86, to close at 90. Hurs ago PR of stock offering has cause# AH price to drop to bout 87-88 but we shall see if that holds up for tmrw's opening. ST trend is down & keeps B rating by Swingtradebot. Stochastic is at 33% so it is nearing true oversold conditions & was below that when at LOD. IT trend is Up. Could use some positive news to change ST trend.Fundamentals have not changed.