Realty Income Corp, Stock Analysis For Monthly Dividend Income

Realty Income's properties are generic shells that can attract a wide number of possible tenants. However, there is nothing unique about the properties that can't be re-created by other developers.

Realty Income Corp Stock Technical Analysis

The O stock price broke below the daily Ichimoku cloud in November 2019. Before that, the majority of investment banks had upgraded their position on the stock and therefor it reached an all-time high beginning of November.  Ichimoku Kinko Hyo strategy suggests we could see further drops towards the 38% Fibonacci retracement level of 68.70. However, the stock price can find support at the next Fibonacci retracement levels.

Realty Income Corp, O, Stock Analysis For Monthly Dividend Income

Realty Income Corp, O, Stock Analysis For Monthly Dividend Income

This may provide an opportunity to buy Realty Income Corp stock at lower prices. However, if you'd like to start receiving dividend payments, then you might want to consider investing earlies at the current market price.

Watch my Ichimoku cloud analysis for the Baidu stock in 2020 to see how I bring all points of the IDDA together.

What are your thoughts on the Realty Income Corp stock? Do you think this is the lowest price it could fall in the long-term? Would you consider buying the O stock now, or if it drops lower?

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Disclaimer: Investing in the financial markets involves a risk of loss. You should only invest the money you can afford to lose.

Invest Diva (KPHR Capital, LLC) and Kiana Danial are NOT a ...

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