Linked Reit - Slow accumulation for recovery theme
After the 2020 downtrend due to Covid which impacts its earning, the firm is poise for recovery with increase in tourism and vaccine roll out.
However, As price has yet to retest the bottom with a gap up previously. If price fell back to $64 it will be a good opportunity to scoop some to test for potential rebound.
As this is a slow recovery sector, one can slowly accumulate .
However, As price has yet to retest the bottom with a gap up previously. If price fell back to $64 it will be a good opportunity to scoop some to test for potential rebound.
As this is a slow recovery sector, one can slowly accumulate .