Federal Realty Trust Shows an Improved Technical Picture Should investors plan to revisit this retail REIT? Stocks quotes in this article: FRT
During Wednesday s
We last looked at FRT way back on Aug. 12 and gave this assessment: We don t know how this pandemic will ultimately play out and whether malls will survive or thrive in the months and years ahead. Meanwhile, the sense I get from these three charts is that FRT will need more base building AND signs that aggressive buying of the stock has returned. Until that is evident, I would look for other opportunities.
I think FRT s charts have improved so another visit is in order.