Long

Pure Industrial Real Estate REIT

The Pure Industrial Real Estate REIT is setting up to come out of consolidation. After the Bank of Canada announced a small interest rate increase in the summer it's been developing a nice Rounded Bottom pattern. My first target is just over the $7.00 range where I'm expecting the pervious uptrend to re-engage. This is a slow moving security and the could take a bit to play out.
Chart PatternsreitTrend Analysis

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