‘Simon’ Says REITs Looking Good

The best time to buy longs as at their lows.

   

I recommended several new real estate investment trusts (REIT) plays to my Trending123 traders, as several names in the sector have put in outside bullish reversals. I take a closer look at one in particular Simon Property Group (SPG), which is one of the stronger names, to show you the upside potential, as well as the risk/reward picture and stop-loss level.

InvestorPlace advisor John Lansing tracks the charts all day and offers expert technical analysis in his day trading, options and trading services: Power Trading at the Open, Parabolic Options and Trending123.  For more information on which service is for you click here.


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