Alexander's Inc

ALX remains in a Stage 2 advancing regime with a clear uptrend, but the recent active Blow-Off Top pattern, overbought indicators, and price extension above short-term EMAs caution against chasing. Timing favors waiting for a pullback into the rising 9 EMA and 21 EMA support area before engaging, allowing for healthy demand absorption without risking a terminal reversal.

• ↑Leased 3.4M sq ft in early 2025 at $104/sq ft average rent
• ↑NYC office occupancy at 88.8%, targeting 92.1% post-770 Broadway lease
• ↓Growth factor points to potential revenue headwinds amid rising costs