Hello everyone! Welcome to the latest entry in our series “What Makes This Trade Great?” I’m Barrie Einarson from Trade Ideas, and today I’m excited to share an under-the-radar stock that truly embodies the thrill of the trading game! Use Promo Code BARRIE25 for 25% off
Test Drive Nov6-20: https://go.trade-ideas.com/SHjz

Not only does this stock demonstrate a pattern that can lead to significant gains, but it also introduces an entirely different sector in the stock market world that we rarely explore – the Real Estate Investment Trusts (REITs).

An Introduction to Highwoods Properties, Inc. (HIW)

The star of our discussion is HIW or Highwoods Properties, Inc; a REIT that likely flies under the radar of the casual investor. Chances are, most of you haven’t even heard of it. But trust me when I say this; sometimes the most unassuming stocks hold the greatest potential.

Why I Love the Earnings Season

This brings me to one of the reasons why I absolutely love the earnings season. It’s not because I’m fixated with the giants of the tech industry like Apple, Google, or Amazon. Instead, it’s because of surprises like HIW, that emerge seemingly out of nowhere to steal the show. These stocks lie dormant, virtually unnoticed for three months until they release their earnings.

The HIW Setup

When I say a stock’s setup is beautiful, I mean it. First, let’s take a look at how HIW was performing. For some time, it was wavering around $18, but then it trended downwards except for a small rise.

I’ve already exited most of my position and plan to complete my exit around the $17.30 mark. It’s a clear and fairly predictable pattern that understands a trader’s strategy.

Key Factors

Contrary to the general belief that in a bear market one should simply short any stock, it is actually far from the case. Each stock has its own unique rhythm which one must carefully observe. What struck me about HIW specifically was its decent float, around 100 million, and it continued to move down.

Concluding Thoughts

Before we sign off, here’s something to reflect on:

This brings me to why I love what we do at Trade Ideas – we have the ability to uncover hidden opportunities like these.

Well folks, that wraps up another edition of “What Makes This Trade Great?” Until next time, keep exploring the vast, dynamic world of stocks. You never know where you may discover your next gem. Have a great day, and as always, happy trading!