Thread by @malteseinvest

Analysis: #NYSE $WPC

Case 177 #W_P_Carey Inc.

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

#WPC 1/4

Chart 1
Weekly Chart: The #SMA 20 cutting the SMA 50 and warning of further losses towards #trendline support at 79.10 and if this level yields then 76.50-74.40 area of #support will come into focus. Major support lies at 71.30 and then the SMA 200 at .....

WPC 2/4

..... 70.41. As long as 65.00 holds we continue to favour the upside and expect price to head towards 90.10/20.

WPC 3/4

Chart 2
Daily Chart: The #Strategy is printed on the image.

$WPC 4/4