Contrarian Value Ideas

[gfp927z]

Derf, >> breakouts <<

Speaking of breakouts, some of the warehouse REIT charts look like breakouts right now -- Prologis (PLD) and Terreno Realty (TRNO). These have been excellent long term holdings, but were hit in 2022 with the rising % rates, and then had a one year sideways consolidation. But looks like they could be ready to resume their long term uptrend. I had some PLD a few years back, and had planned to get back in at some point.

The broader REIT sector has the commercial office space problems, but warehouse and data center REITS in general look solid. The data center side (EQIX) already had its break out a month ago, and now it looks like the industrial warehouse side is next. Dividends ~ 2.8%

Btw, I see these as buy / holds, but for shorter term trading ideas there is this other board (link below). In addition to breakouts, another trading strategy with decent odds is to channel trade a stock that's in an extended uptrend. Buy at the bottom of the channel, sell at the top, then repeat. I haven't tried it myself, but the stock's long term uptrend will tend to bail out any mistakes in timing, so seems like a logical trading approach. Fwiw, I tried a few 'pincher plays' many years ago, but the odds there are poor at best.


Trading Ideas -

https://investorshub.advfn.com/Trading-Ideas-41401




---