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Analysis: #NYSE: #PLD

Case 23 #Prologis Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

PLD 1/6
A strong trend which began from the 2009 lows preceded by a #parabolic move recording new all time higher highs.. We await a correction below the steep rising #trendline at supports noted 82.76, 80.00 and 77.00 before deciding to enter.

PLD 2/6
Chart 1
Monthly Chart: Strong support noticed off #Fib 0.786 coupled with pivot support. Resistance noted at Fib 1.414 and current all time spike. A steep rising trendline (teal) must be watched closely, sooner or later the parabolic must correct lower and break the TL.

PLD 3/6
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