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PLD Crossed Above 20 Day Moving Average on June 22
On Monday, June 22nd, PLD moved up 2.35% while volume surged to 2.3× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 141.16, 138.49 & 136.66, with resistance at 145.66, 147.49 & 150.16.
Current SwingTradeBot Technical Rating of PLD: A
There’s more where that came from. See all of today’s signals for PLD here.
Read full article here »