American Homes 4 Rent: Monthly 3 Black Crows Channel Breakdown

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American Homes 4 Rent (BATS:AMH)

BATS:AMH American Homes 4 Rent

Trend Analysis Chart Patterns Fundamental Analysis reits realestate rental rentalproperties 3blackcrows Three Black Crows 1618 Fibonacci Extension

trendanalysis chartpattern fundamental reits realestate rental rentalproperties 3blackcrows threeblackcrows 1618fibonacciextension

AMH has confirmed 3 Black Crows on the Monthly Timeframe and has cracked below an ascending channel and the 21SMA. I expect that we will get severe follow-through as both the Rental Sector and the Real Estate Industry in general continue their decline into the higher interest rate environment.

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