$VICI - WATCHLIST -
Added 2024-09-11 14:56:23 +0000 UTCPulling back now as the market has decided that a 0.25% Rate Cut next week may be more suitable than a 0.5% Rate Cut and for this reason $VICI has its catalyst to pull back for Wave 4, after Wave 3 went slightly extended beyond the standard Wave 3 1.618 Fib level
$31.65 is the level to watch for me and we can see the 50 Day MA is moving up to this level
A retest of the channel breakout level would also be very attractive too
Regardless, price needs to hold within this range
Dividend is still 5.1%
Comments
$PSA looks in a similar situation
Trevor Sweetnam
2024-09-11 14:59:05 +0000 UTC
