EQUITY RESIDENTIAL
Hi viewers, EQR price on zone, in last periods bullish push we are have, currently here break expecting to see and new short bullish push
TP1:71.50
TP2:74
EQR
Long Residential REITs through $EQRThis residential reit has a good divi and is at a solid level of support for an investment. it's gone sour lately cause it holds lots of places in big cities that people are moving from like LA NYC SF but i don't buy that shit those places will be overcrowded and have plenty of renters for decades to come
EQR BreakoutEQR getting closer to a breakout
2 Year Long Base
Wants to see a breakout and hold on weekly chart
Price above 200 DMA
Pays out Dividends
Textbook Retracement Level EQRThis is what I like to see: the stock NYSE:EQR pulled back to a 50% Retracement Level following an earnings high. This level matched with a past high price action and price hesitated for many weeks at the level before launching off it. The entry point was actually on a morning volatility spike 8/19/21 but this does not show properly on Tradingview data. Study this example.
Sector early indicator? Yes, Real Estate can be sometimes.The Real Estate sector - here represented by iShares U.S. Real Estate ETF (IYR, in orange), Simon Property Group (SPG, in purple), Equity Residential (EQR, in red), - can sometimes act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... falling from peaks in 1998, Feb 2007, Mar 2015, Nov 2017.
EQR appraoching resistance, potential drop! EQR is appraoching our first resistance (horizontal overlap resistance, 76.4% fibonacci retracement) where a strong drop to our first support (50% fibonacci retracement) might occur.
EQR Approaching Support, Potential Bounce!EQR is approaching our first support at 63.24 (horizontal swing low support, 61.8% fibonacci extenson, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 68.16 (50% fiboancci retracement).
Stochastic (55,5,3) is also approaching our first support where we might see a corresponding bounce in price.
