Post by
SNAKEYBOY on Jan 06, 2023 11:35am
$21.50
This arbitrary price is massive resistance. 5th attempt today couldn't get above it. Hopefully earnings on Feb 15 will fix that, and we go to $22.50-$23.00. Dividend is too low to go any higher for now
Comment by
hroark7 on Jan 06, 2023 12:00pm
A lot of REITs showing a reverse head and shoulders pattern, including RioCan. This along with a bullish crossover of the 50 and 200 dma make for a bullish pattern. Patterns are not a guarantee, but it's something to think about.