Singapore REITs market broke out of the triangle to the down side, and broke the 800 support.
- $FTSE ST Real Estate Investment Trusts(FSTAS8670.IN) closed the week at 794.84.
- It broke AND stayed below the 800 support level; next support at 770.
- Although it tried to regain some grounds on Fri, it is potentially forming a lower low on daily chart.
- Aggressive REITs investors might want to wait for the new weekly low to be formed before shopping. But be prepared for volatility mainly cause by trade war concerns.
- Tighten stops to protect profits for existing positions.
- Prepare shopping list; Use https://app.yieldsavvy.com to identify the stronger REITs.
Week closing 14 Sep 2018
Top Gainers (Week closing 14 Sep 2018)
Top Losers (Week closing 14 Sep 2018)
Unchanged (Week closing 14 Sep 2018)
Want a comparison list of Singapore High-Yield REITs? Get it here.