REI.UN with Strong Gain & Good Dividends in Month Long Trade

• Strong support at $16.45.
  
• After passing $16.45 support with a 3-4 day confirmation A long position should be taken.
  
• Next lowest support is at $15.00, and the average true range (ATR, 14) shows a $0.50 variation in price.
  
• Initial Stop Loss at $14.50, taking into account the lower support and the ATR value.
  

Summary of Setup:
Entry: $16.45
Stop Loss: $14.50

Possible Selling Points:

• $23.50 with a gain of ~%43
  
• $24.85 with a gain of ~%50
  
• $26.65 with a gain of ~%60
  

Dividend Yield at $16.45 is about %10 per year. Place Stop Loss at any of the 3 selling point and keep the position for as long as it will go with adjustments to the stop loss with the ATR value of the time.