Tuesday, February 4, 2020

Technical Analysis Feb 2020: FIRST REIT (AW9U)


First Real Estate Investment Trust 

Observation from Chart:

FIRST REIT (AW9U) forming descending triangle pattern

Will it breakout strong resistance & go higher?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K at BUY call itinerary.

Immediate resistance @ SGD1.02 level.
Subsequent resistance @ SGD1.04 level.

Immediate support @ SGD0.995 level.
Subsequent support @ SGD0.945 level.

Let's watch closely.

0 comments:

Post a Comment