Yesterday, we looked at a Daily Price Chart of Lululemon Athletica Inc. and noted that the stock had been making a series of higher highs and higher lows.
Today’s Chart of the Day is a 10-Month Simple Moving Average Chart for Duke Realty Corp. (NYSE: DRE).
Duke Realty Corporation is an industrial REIT which owns and operates approximately 155 million rentable square feet of industrial assets in 20 major logistics markets.
Now, below is a 10-Month Simple Moving Average Chart for Duke Realty Corp.
Back in January, the DRE 1-Month moving-average crossed above the 10-Month simple moving-average (SMA) indicating DRE is on a PowerTrend ‘buy’ signal (circled).
DRE saw a price rise that hasn’t stopped since.
On June 26th, DRE stock had a price retracement, which offered a prime buying opportunity.
If you had purchased DRE shares when this PowerTrend ‘buy’ signal occurred for the stock, back when it was trading around $30.81, you’d be up 13.59% by now.
Not a bad profit for a less-than-six month hold of a major real estate investment trust.
But… If you had purchased the right option contract on June 26th, you would now be up 103.84%!
That’s what options can do for you as opposed to buying stocks — double your money in the same amount of time.
If you’ve been keeping up with your Chart of the Day emails, I’m sure you’ve heard about the PowerTrend Options service.
Yesterday, we mentioned that we’d almost hit the maximum number of members for this year and had 100 spots open…
I don’t want you to miss out on the kind of gains our subscribers are seeing…
Like 106%… 101%… 67%… and more.
We’ve got 75 spots open today (thank you to our new members!)
Click here to check out the service. And remember, this window closes after 100 more subscribers join us!
Editor, Chart Of The Day