Juliac

Frasers CPT Trust - Still looking sweet

Long
SGX:J69U   FRASERS CENTREPOINT TRUST
FCPT finally broke quite decisively above the "neckline" at 2.10 today. Still not too late to jump on the bandwagaon (esp if it could retest 2.10 in the near future) with a stop just below 2.00. Look to scale out around 2.30 then 2.48 and finally 2.65-2.75. However I do not expect a smooth journey to the final target but as long as it is able to from a higher high and higher low then will stay long.

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.