Essential Properties Realty Trust, Inc. (EPRT) is one of the super and best stock to buy as of April 7, 2019. It’s a small cap growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stock took a while to form the IPO base.
3. It also took a while to get the trading volume to be stabilized.
4. The stock finally broke out from the IPO base in early 2019.
5. The stock had a solid run up once it broke out from the IPO base.
6. Then the stock went in to a quick consolidation.
7. The stock also found support at the 50 day moving average line.
8. The stock broke out again, but this time the volume was rock solid.
9. The 2nd run up also rock solid.
10. The stock appears to be in another consolidation, now.
11. The accumulation volume is also running high.
12. The buy point would be $20.02 – $21.02.
