Empire State Realty Trust Inc (ESRT)

[Gixene]

liggity, thank you for sharing! I haven't looked at Empire State Realty Trust, Inc. (ESRT) in some time. It seems the reason for the breakout was with the ascending triangle being broken. It seems momentum is slowing down. There's no current pattern and the PPS is high above support. There was a bearish candlestick pattern signaled on May 15, 2014, but it has not yet been confirmed. It will be interesting to see where (ESRT)'s PPS goes from here. I believe there will be short-term downside.