[isatrader]

Does volume mean much on REITs? Massive volume increase on this one.

Yep, it's had a excellent Stage 2A breakout since I highlighted it on the 29th July http://stageanalysis.net/forum/showthrea...84#pid4984. A third week of increasing volume from a big base and relative performance above a rising zero line. So you've missed the first investor entry point, and now, if you want to follow the method, need to see how it behaves on it's first significant pullback/consolidation. If volume contracts on the pullback then it could have good potential, as it would fit the key requirements that we look for in a stock. But obviously you'll need to consider the market condition and sector when it gets to that point also. So do your research now, and then if it still looks good following that then you'll be ready to strike at the right time.

Attached is the updated weekly and monthly charts