Dark pool activity was detected in COR stock on January 10, 2020.
We think the dark pool order on January 10, 2020, was a buy order because it looks like a perfect repeat of what happened on January 9, 2020. Notice that when the market opened on January 10th after the dark pool print on the 9th, it immediately rose higher. We think that morning run-up was caused by a supply/demand issue with market makers in the wake of the dark pool trade on the 9th. It the dark pool order on the 10th was a buy, we would expect COR stock to repeat what it did before and rise in early trade as the supply/demand of COR stock is brought back into equilibrium.
Revenue has been ripping higher for CoreSite Realty. Check out the beautiful stair-step revenue chart.
Measured over the past 5 years, COR shows strong revenue growth of 15.74% on average per year.
COR has a Return On Equity of 31.35%. This is among the best returns in the industry. The industry average is 6.68%. COR outperforms an incredible 92% of its industry peers.
As corporations and IT professionals increasingly rely on cloud-services, data centers will continue to be in growing demand for many years to come.
The daily chart of COR stock on January 12, 2020, looks like a sweet, candle over candle, swing trade setup.
What’s Next? Make Sure To Review This Lesson On Dark Pool Trading!