REITs At A Critical Level - Chart of the Week
ChartAdvisor.com <support@chartadvisor.com>
date: Wed, Jul 14, 2010 at 6:12 PM
SL Green Realty Corporation (NYSE:SLG), for example, broke down under an important level in early July as it undercut support near $54, but managed to get back above this level a few sessions later. While the current short-term trend is down, the bounce back into its base was a positive. The two levels to watch moving forward are the $54 level that was prior support and the new low set near $50. |
