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Lazy Trade Long & Short: LXP & KRC

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August 20, 2012 – Comments (0) | RELATED TICKERS: KRC , LXP

For the first time since Thursday I took a long position - this time in LXP at $9.21 as it is breaking out nicely above longer-term resistance. I've also posted a chart on a very appealing short setup in KRC which has a perfect head and shoulders, downtrend, and bear flag in place. I posted this chart a couple of weeks ago and thought it was pretty good then, this time it makes for an excellent setup. 

Here's today's Lazy Trades:

LONG: Lexington Realty (LXP):

SHORT: Kilroy Realty (KRC):

 

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