National Retail Properties, Inc. (NYSE: NNN)

National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. It provides complete turn-key and built-to-suit development services including market analysis, site selection and acquisition, entitlements, permitting, and construction management. The firm also focuses on purchasing and financing net-leased retail properties.
Take a look at the 1-year chart of National (NYSE: NNN) below with my added notations:

Over the several months NNN has been trending consistently higher, while also forming a nice trend line of support (green). Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. As you can see, the market deems NNN’s trendline to be important. A pullback to that line will provide trading opportunities, one way or another.

The Tale of the Tape: NNN has a trend line support to monitor. A long position could be entered on a pullback to the trendline, with a stop placed below the level of entry. A short position could be entered if NNN were to break below its trendline.

LINC: Lincoln Educational Services Breakout

US Weekly Economic Calendar

time (et)	report	period	ACTUAL	forecast	previous
MONDAY, JAN. 18
	None scheduled Martin Luther King Jr. holiday
TUESDAY,  JAN. 19
10 am	Home builders' index	Jan.		62	61
WEDNESDAY, JAN. 20
8:30 am	Consumer price index	Dec.		0.0%	0.0%
8:30 am	Core CPI	Dec.		0.1%	0.2%
8:30 am	Housing starts	Dec.		1.218 mln	1.173 mln
THURSDAY, JAN. 21
8:30 am	Weekly jobless claims	Jan. 16		280,000	284,000
8:30 am	Philly Fed	Jan		-6.0	-10.2
FRIDAY, JAN. 22
9;45 am	Markit PMI flash	Jan.		--	51.2
10 am	Existing home sales	Dec.		5.16 mln	4.76 mln
10 am	Leading economic indicators	Dec.		--	0.4%