A Breakout from the H&S Pattern Confirms a Bearish TrendThe price of City Office REIT, Inc. (CIO) has broken the neckline of its head and shoulder pattern. Therefore, this confirms the beginning of a bearish trend and our plan is to enter sell positions from a pullback.
Our sell setup is very simple: Sell limit orders are placed in the neckline area of
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−0.63 USD
−17.68 M USD
171.13 M USD
38.54 M
About City Office REIT, Inc.
Sector
Industry
CEO
James Thomas Farrar
Website
Headquarters
Vancouver
Founded
2013
FIGI
BBG005T5RWR6
City Office REIT, Inc. is a real estate investment trust. It focuses on acquiring, owning and operating office properties located primarily in metropolitan areas in the Southern and Western United States. The company was founded on November 26, 2013 and is headquartered in Vancouver, Canada.
Watch this StockThere is an expected rise due to happen with the next days opening market. If not there will however be a constant increase in the prices. This is a safe sign to buy early before the sudden spike. If you are an experienced trader and have any queries or tips that support my idea please contact me at
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.