Feb. 26 at 9:59 AM
$IIPR Massive Q4 earnings beat and a strategic pivot into life science real estate (IQHQ) are driving a structural trend reversal. Price broke out of a descending wedge on heavy volume with a bullish engulfing candle. Trading at a depressed P/E of 10.8 with a ~15% yield. Solid HH/HL structure forming. Look for entry around
$51-
$52. PT
$60. Invalidation below 50MA (
$47.50). #RealEstate #Dividends #PriceAction #ValueInvesting