With more Vaccinated Travel Lanes opening and moving from pandemic to endemic, I would see that Ascott recover. Confirm uptrend if price breaks above 1.15 prive level. First Target 1.32, Second Target 1.59 U.S. trading at all time high and hence, do trade with caution as usual.
This REIT has a stable sidewards trend in the last years with a dividend return of more than 4% for a long time. In corona the dividend lowered and even now gives 3,98%: pasteboard.co A rise back to higher levels, with about 0,03 SGD per Quarter or 0,12 SGD, should be possible, which would open the possiblity to 12% of dividend yield return. Grow of real...
ENTRY: 1.09 SL: 1.00 TP: 1.24-1.30 - ADX<25. Would like to be higher. - RSI<60. Would like to be higiher. - RS and FFI -ve but increasing. - MACD +ve. - MAs aligned although 40MA still below 100MA but pointing up. - Breakout with good volume on 10 Mar 2021 and retraced with lower volume until 1.05 (Resistance-turned-Support) and bounced back.
A Falling wedge pattern has a good odd of breaking out to the upside eventually. This wedge has been forming over the past 6 weeks and is getting narrower towards the apex. Long now @ 0.96 and patiently wait for the upside break or wait to long as soon as it breaks. Support is currently at 0.90-092 Disclaimer: This is just my own analysis and opinion for...