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HaseebKhan_90

BNL broke out of consolidation

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Broadstone Net Lease, Inc. (NYSE:BNL)  
HaseebKhan_90  
NYSE:BNL   Broadstone Net Lease, Inc.
Trend Analysis Chart Patterns breakout consolidation-breakout consolidationzone buysignal buysetup buyzone targetprice
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trendanalysis chartpattern breakout consolidation-breakout consolidationzone buysignal buysetup buyzone targetprice
BNL had a pull back mid June and has since recovered to make new all time highs.
Since breaking out it has been consolidating right above resistance hence making it a new support level.

* New company
* Steady up trend
* Pays generous dividends
* Broke above pull back with relatively higher volume (7.28%)
* Creating new support level from the broken resistance
* Price is at a great point!

Trade Idea:
* Entry at previous close $27.63
* Stop at $26.20 (~5%)
* Target at $33.17 (~20% ROI)
Aviso legal

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