While most investors would normally think of Kimco Realty ( KIM) as a real estate play, it's really not. This REIT, like most others, uses long-term triple-net leases to effectively remove most of the short-term exposure to the commercial real estate market from its income statement. Instead, this financial trust should really be thought of purely as an income vehicle. Kimco hasn't been immune to selling this year, but shares have been forming a horizontal base since the start of August. That behavior points to the potential for a recovery in shares -- but the direction of this trade isn't as clear as it is in AFG or BKU. Instead, Kimco is currently forming an "if/then trade," a setup whose direction is contingent on the direction of the breakout from its horizontal channel. The setup works like this: If shares of Kimco breakout above $17.50 resistance, then it becomes a buy. Otherwise, if shares break down below the support range between $14 and $14.50, then it becomes a sell. Either way this trade materializes, I'd recommend keeping a protective stop just back within the channel. I featured Kimco last month in " 7 Stocks Dishing Out Bigger Dividends."