Welcome to Our Community!

If you are frustrated with the existing forums out there like we are, sign up and help us build a new, clean and modern financial site!

Interested in helping? We are looking to expand out team!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

EXR - Extra Space Storage

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Rock Sexton, Jan 5, 2017.

  1. Rock Sexton

    Rock Sexton Meat Popsicle

    Joined:
    Apr 6, 2016
    Messages:
    156
    Likes Received:
    74
    Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. As of December 31, 2006, Extra Space Storage owned interests in 567 properties located in 32 states and Washington, D.C., as well as managed 74 properties owned by franchisees or third parties. As a REIT, the company would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1977 and is based in Salt Lake City, Utah.

    [​IMG]

    EXRanalysts.JPG
     
  2. Rock Sexton

    Rock Sexton Meat Popsicle

    Joined:
    Apr 6, 2016
    Messages:
    156
    Likes Received:
    74
    The break below $73.00 (a previous stop volume candle from February 2016) was just excess.

    This week it back-tested the close of 2016 and all that's left is a reversion back to 2016's most active price (POC).
    • There is some minor overhead resistance around the $80.50 level.

    EXRweekly.JPG
     
    #2 Rock Sexton, Jan 5, 2017
    Last edited: Jan 5, 2017
    T0rm3nted, Gil Oren and Cy McCaffrey like this.
  3. Rock Sexton

    Rock Sexton Meat Popsicle

    Joined:
    Apr 6, 2016
    Messages:
    156
    Likes Received:
    74
    This is the three year chart, with an obvious Wyckoff Spring playing out.

    When a stock jumps back inside of a previous range (indicated by the horizontal line), there is high probability of a reversion back to the most active price.

    As indicated by my previous post, the 80.50'ish level could prove to be some resistance as there is an HVN (high volume node) there.

    EXRweekly2.JPG
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Active Member

    Joined:
    Apr 3, 2016
    Messages:
    910
    Likes Received:
    247
    What the... gold and REITs faring good the day after hawkish FOMC minutes. Very interested to see what happens here.
     
  5. Rock Sexton

    Rock Sexton Meat Popsicle

    Joined:
    Apr 6, 2016
    Messages:
    156
    Likes Received:
    74
    I think I may have whiffed on this one. Thought that 75.73ish level would hold for support.
     

Share This Page