PLD has fell over the last few days with the general market. Currently, it is sitting right on the Kijun sen support which conincides with the kumo support as well. The price action for PLD seems muted today. Despite a rise of about 1% in /ES, PLD price range is pretty narrow. Given the price-action,… Continue reading ProLogis Trust ($PLD): Right at edge of kumo
Got this from Invest2Success blog. Key Points: 1. ProLogis secondary offering 30 million common share 2. Proceeds will be used to repay debt from a bridge facility. Do note the word ‘bridge’. To my knowledge, these are short term loans to allow Prologis to buy time to raise more funds. I maybe wrong since I… Continue reading Prologis ($PLD) : Potential Stock To Short
Continuing my monitoring of ARE. As of yesterday’s close, there is still no sign that it will continue to be bullish since its last gap down. It has just rebounded off a support at around 51.78 and it is still too early to tell if it will climb higher. If it fails to climb higher… Continue reading Alexandria Real Estate (ARE) : Is this a Head and Shoulder in the Making?