peloswing
$O Realty Income is a popular dividend REIT, paying monthly dividends rather than quarterly. Currently paying around a 6% dividend.
- Pulled back about 20% from its recent highs in July and found support just above the 200 WMA, at trendline support. The bounce this week looks like confirmation of a bullish reversal. Watch for a continued drift up to test the 50 WMA next, at $59.52.
- The company reports earnings on Nov. 2nd, after the market closes.
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