Are you a technical investor? If so, it may be time to consider Equity Lifestyle Properties, Inc. (ELS) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for ELS.
This trend may have already begun, as shares of ELS have moved by higher by 8.6% in just the past month. Plus, ELS has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Equity Lifestyle Properties has plenty of life left.
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