It has just reached its 52 week low at 30.70. I believe with the current interest rates environment (deferred cutting of interest rates) , in the short term, I expect more volatility and the price might falls below 30.
While it is positive news that WHEN interest rates begin to fall (everyone was expecting in June this year but now seems Feds is kicking the can down the road), so there is no hurry to dollar cost average.
Dividends are at 8% so pretty attractive for those who like dividends income and the upside is HUGE compared to its limited downside.
Please DYODD
While it is positive news that WHEN interest rates begin to fall (everyone was expecting in June this year but now seems Feds is kicking the can down the road), so there is no hurry to dollar cost average.
Dividends are at 8% so pretty attractive for those who like dividends income and the upside is HUGE compared to its limited downside.
Please DYODD
Nota
accumulating moreNota
Until September rate cut, don't expect to see big moves in this chartNota
A nice W shape formation which I expect it will retrace to 35-36 price level before I start to accumulate some more . The Fed rates cut will be bullish for REITS
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.