Singapore REITs market broke 770 support. 37 out of 40 REITs dropped this week.
- $FTSE ST Real Estate Investment Trusts(FSTAS8670.IN) closed the week at 768.89.
- It broke out of the symmetrical triangle to the down side, and broke 770 support; a level we drew on our chart for months. Next support at 740.
- The REITs market is now back in downtrend.
- Aggressive REITs investors might want to prepare a shopping list. 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 12 Oct 2018
Top Gainers (Week closing 12 Oct 2018)
Top Losers (Week closing 12 Oct 2018)
Unchanged (Week closing 12 Oct 2018)
Want a comparison list of Singapore High-Yield REITs? Get it here.