So many stocks going off, it's hard to know where to look...
I tend to like the stocks that are breaking out of medium/long term range trading patterns...especially when the range trading was preceded by a significant rally.
RPT fits that category.
If the break is confirmed, forward targets are a long way up (high teens)
Right sector, right time, cheap compared to peers, plenty of volume, reasonable fundamentals.
Any close 8.9 or higher will be the trigger on a mid-term basis...I'm not set yet, but looking to do so late today/early tomorrow!
Cheers!
RPT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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