I've been trying to rebuild my portfolio over the past week, and PSA is looking like a good REIT to seek alpha against this prevailing market headwind. REITs are good because landlords collect rent no matter what tariffs or any other market factors look like. Public Storage has a customer base with a fairly inelastic demand, and they have an excellent contingency plan in the case tenants don't pay (they auction the contents starting at the back payments and go up).
All the technicals look good. The price is starting to walk up the top Bollinger band again, RSI is rising but not yet overbought, MACD is rising with a rising histogram showing accelerating momentum, and ADX above 20 with DI+ above ADX and DI- shows a trend forming. Based on the technicals today alone, it looks like the big money traders are keeping their capital parked here and buyers are having to bid them out of their positions. This looks good for a safe harbor investment in the current circumstances.
All the technicals look good. The price is starting to walk up the top Bollinger band again, RSI is rising but not yet overbought, MACD is rising with a rising histogram showing accelerating momentum, and ADX above 20 with DI+ above ADX and DI- shows a trend forming. Based on the technicals today alone, it looks like the big money traders are keeping their capital parked here and buyers are having to bid them out of their positions. This looks good for a safe harbor investment in the current circumstances.
