dchua1969

Nibbling on this REIT

Long
dchua1969 Updated   
SGX:M1GU   SABANA REIT
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Take a small nibble once it breaks out from the resistance level at 0.48 or wait for it to retrace to support at 0.375. If it falls further, great, expects it to revisit 0.29 level which is a great discount to get this REIT.

Please DYODD
Comment:
it is coming down to the level that i want , yes !!!
Comment:
I am still waiting .......after more than 1 year .....the overall REITs market in SG is falling......may be reaching its bottom soon so no hurry to buy now
Comment:
Yes, I am still awaiting......haha. Hopefully, next year when Feds decide to lower interest rates, then the REITS sectors that has been pretty bad affected will start to shine again.
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