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WPT Industrial Real Estate Investment Trust T.WIR.UN

WPT Industrial Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is engaged in the business of acquiring and owning industrial investment properties located in the United States. Its objective is to provide Unitholders with an opportunity to invest in a portfolio of institutional-quality industrial properties in the United States markets, with a particular focus on the distribution of the industrial real estate.


TSX:WIR.UN - Post by User

Post by KC8on Nov 30, 2019 12:42am
168 Views
Post# 30408151

Technicals

Technicals

I buy almost strictly on technicals.  Going through dozens of stocks and reits this week, this chart best exhibits the characteristics I am look for.

The relative strength indicator based on the paremeters I use is indicating just over 60, suggesting a further move upwards may be in the cards.

Historical data from the past 3 years indicatres the relative strength has hit 70 numerous times.  Based on financials and T/A combined, I am leaning strongly on further price appreciation on this issue.

Next hurdle clearning the double top. 

Best of luck to all holders.

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