Digital Realty Trust, Inc. (DLR)

Purchase Info

Stock Price History

Stock Price Video

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Our View

Digital Realty Trust is a REIT that invests in carrier-neutral data centers. It also provides peering and colocation services. The REIT, as of 2019, owned 225 operating data center locations spanning almost 35 million square feet across the US, Asia, Europe, Canada, and Australia. The demand for data centers is expected to go up with the increasing digitization of the economy and the arrival of 5G. Therefore, the long term prospects of Digital Realty look bright.
The long-term monthly chart for Digital Realty shows a consistent uptrend that began towards the end of 2013. The uptrend has regularly had pullbacks with the most recent one occurring in August 2020. The price fell about 20% before bouncing up from the $130 level that previously was resistant but is now acting as a support. The price is also close to the bottom of the long term trend. The confluence of these two areas of value makes a long trade a high probability one. The target price is $160 and a stop loss can be placed below the bottom of the long term trend, at around $118.

This trade has been entered into our portfolio at the prices that follow. Entry price $146.54. Stop-loss 18% below at $118 Take profit at the top of the long term trend at $166 with a potential profit of 13%.

Data Explained

On the video and images above you will see the reason this stock was selected.

You will see the image is of a monthly chart of the stock showing the long-term upwards trend formed over the years. You will also see the entry point and the where the stop loss is placed. For more information please watch the video given.

Once it is time to move the original stop loss up you will see an additional image.

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