WHLR 2 Scenarios here, rebound setup for bull setup. Lots of volume inflow, possibly another momentum play
WHLR trade ideas
The Bullish Case For Wheeler Real Estate Investment Trust 🏠Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR ) is a fully integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.
WHRL Long projectionIts a realty investment fund, they own a bunch of retail land in the southern states and some east coast properties. 2015 was bad to them and they lost money every Q, but starting in 2016 they must have trimmed the fat and began making money, EPS of .02, .03, .03, .04, .04. They're earnings are trending upward, have a pretty decent dividend and if Trump does make the south rise again, it'll be good for them based on their locations
I don't think interest rates rising would be negative for them, if anything it'll help if it causes bank to lend more money out for business to open in their developments.
This is really the most I've looked in it - I should look into why they were losing money and why they aren't now but whatever.
WHLR BREAKING THE UPTREND?WHLR has realized a double top and now it seems breaking the rising trendline. If this breakout is confermed i'm looking for a deeper correction.
