$SPG Long to 150+ Ascending triangle break out coupled with strong volume, MacD cross & tons of 145c 11/19 and 1/22 150c (coincides with .618 extension).
SPG trade ideas
SPG Gap Fill ReversalSPG has recently filled the gap in its chart. Now that the gap has been filled a reversal typically takes place back down towards the next level of support/resistance. In this case that level is 120.
SPG Long Great Entry PointDue to recovery from Covid 19 and inflationary signals value of property will rebound. SPG is working to make spaces more lifestyle spaces rather than traditional malls.
Long term play target 165 Nov 21 or Latest Mar 22.
SPG - possible trend continuationNice 50 moving average multiple bounces. Tried to move higher after 120.00 level breakout. Multiple retests of the broken level. Looks ready to move higher.
Buy $SPG - NRPicks 16 AbrSimon Property Group operates as a real estate investment trust dedicated to the ownership of world-class stores, restaurants, entertainment and mixed-use destinations.
The company is in a delayed sector, consolidated its recovery and uptrend.
- Revenue $4.6B
- Net Income $1.1B
- EBITDA $3.2B
- EBITDA MARGIN 71.1%
- Dividend Yield 4.54%
SPGMID-TERM: Ascending triangle breakout backtest with hidden bullish divergence, in strong uptrend. (not financial advice)
SPG This will be a great earnings play!
➡️Pattern recognized:
Running flat ECW
➡️Hypothesis:
Bullish
➡️Catalyst:
Earnings in less than 30 days
➡️Conclusion:
Will buy to open calls on Monday
***This does not constitute financial advice.***
If you like what you see why not support us?
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$SPG - held the levelThis maybe one of my few option plays this week
It has similar set up to PSEC, which I am up 420% on calls as of right now.
SPG - $100+ in the Next 2 Weeks - Target $130 to $140SPG - Simon Property Group to Crack $100 in the next few weeks.
Target $130 to $140
SPG is about to break out Real estate is expected to out perform the index in 2021. NYSE:SPG is about to break out and go for a nice bull run, long the break above 96$. Anticipated price movement is shown on the chart, stop 80$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
SPG - uptrend or not really?I see couple of gaps to be filled here.
So the question is - where do we go first?
Will the lower gap be filled during the shopping frenzy? Do not think so.
Moreover - do we see a golden cross forming here???
Yep! So first we go to 95-100 in Jan, and then (maybe…) back to 60’s in Feb-Mar.
SPG Analysis 1-20-21Next price target for SPG is 101.08 (Fibonacci level 161.8).
Price has broken the 100 level has finished it's retracement breaking through again.
$SPG - another nice set upStill do not know who called the REITs and told them to boom, but the time is ripe.
Similar to $RPT.
Has a gap to fill.
I like longer call options so I would be looking at March 19th $95 strike for $635 each.
I am seeing 66% return on this one around the $100-$101 mark.
Earnings are the 29th of January; I do not hold calls through earnings personally.
Triple bottom breakout , Weekly chartSPG Recieved a "Well health rating" that help them Soar 7% today. I've had my eye on this stock for months, they own a bunch of property and real estate in malls. Volume was double it's normal today but even that couldn't get it across that conformation line of 95.56.
if they can breakout of that next target is that down trend line (white line) which is at 98.50. After that is the next target 112.50
SPG LongTrendline break + revisit
Price Crossed above EMA13 (Possible ABC Pattern)
EMA50/EMA100 as support zone
Entry 84
stop 77
Target 110
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
$SPG - POSSIBLE BREAKOUT: NEED TO BREAK $82 RESISTANCE - BULL$SPG Possible Breakout
Pennant forming on 1-hour chart - possible breakout?
If we can break the ~$82 resistance, there's a chance for a breakout here. Will need stronger RSI + more volume however.
Let's hope for the best -
