ADC - Long Setup ADC (Agree Realty Corporation):** Showing a smart meter divergent signal at the bottom of a downward channel, with a target around 74.90. Potential entry around 72.33 with a stop at 70.93.
ADC
ADC - Similar Formations Similar continuation patterns with the top of the pattern being along the green trend line.
Each pattern led to bullish continuation.
The most recent formation is the largest which may play a part in the continuation extent, or the continuation ability.
HOUSING MARKET BOTTOM? I think so, such a beautiful chart. I noticed Reits having their largest trades EVER in the darkpools yesterday. This is a beautiful chart of Cubesmart and look at it. Housing broke resistance from 2007 in April and has now comeback to test it in Sept-Dec all while institutations are putting out paid ads to spread the doom and gloom. Everyone and their mother is repeating the housing shock. Well if this support holds which I think it will we're in for another housing boom until we get another blowoff top. Everything here just lines up so well for a market bottom in general, I think the markets as a whole should rise for at least a couple years.
ADC - long in couple weeksADC is trading in the range.
If (or when) it reaches 62, it will be a good signal for a long position with take-profit at 65.
Strong support allows to set tight stop-loss.
Waiting to see how it develops within couple weeks.
