Site icon Money & Markets, LLC

Bad Chart of the Day: Washington Real Estate Investment Trust

As you can see on the chart above, Washington Real Estate Investment Trust (NYSE: WRE), based in Washington, D.C., just had a bearish trendline breakdown.

My team of traders tell me this breakdown could lead to a 5% share price decline over the short-term.

So, now looks like an opportune to short WRE over the coming days.

© Chart courtesy of Today’s Profits. All rights reserved.

Exit mobile version