dchua1969

Ask and you shall be given

Long
dchua1969 Updated   
SGX:O5RU   AIMS APAC REIT
So what did you ask from God last night when you sleep ?

It does not matter what your religion or faith is, but if you do believe there is a higher universe than we, human beings, be it Allah, Buddha, Jesus Christ, etc , then this supreme power must have the power to reign over us.

That is why I am constantly talking about thoughts, feelings, moods, beliefs, intuitions, etc. The market, however complex it may be with its financial products and how analysts talk about the market, it is , strip down a collective thoughts of beliefs held by two different parties, buyers and sellers.

When both sides are equally strong, then you get an equilibrium of sort ,where the price hardly moves or goes sideways. But when bulls are overbearing like now, then their beliefs about the market continuing to go higher will dominate the thoughts and beliefs of the bears. Until such time, there are enough bears to weigh down the bulls and that is how cycles are formed.

At 0.99 , this was a good price to get in for which I missed. So, this time, there is a 2nd buying opportunity, a prayer that I have been asking from God to provide me the opportunity.

IF this breakout happens as I expect it to be, then my prayers is answered in approximately 3 weeks time.

When you are at cross-roads sometimes with your trade, pray to God asking him for divine intervention. You would be surprised how the spiritual divine force has an effect on your trades. It is so incredible and difficult to explain that sometimes, traders brush it as airy fairy. They say it is not science based.

All I am asking is to give it a shot, you have nothing to lose.

When praying for a request, ask for something that you want, positively. Don't tell God what you don't want. Go straight to the point and don't argue with yourself if it is possible to achieve. Leave that to God and he will arrange in a higher way for things to happen. Watch it unfold in your life, record it and slowly you will trust him more and more.

May the blessings of God be with you always !
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only believe
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added more today !
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dun expect to have much price volatility in REITS like counters. this are dividend income shares offering a slice of stability from your growth stocks.
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Praise the Lord, patience pays off
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you can see that from the breakout of the triangle , the price action hoovers around 1.20 zone for almost 8 months before it starts to pick up speed and pace and soar off. This can of rise is nice and appreciated rather than the 90 degree spike that you see in stocks like AMC Entertainment.....
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adding more later
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1.22 to 1.38 is the range that I will be accumulating as we can see it is forming a descending wedge, a bullish signal. But due to recent interest rates hike, the share price may be affected so no hurry to average down.
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if you draw a horizontal line at 1.28 price level , you would note that it was the resistance level back in June 2020. Now this is a fairly crucial level as it has broken out from it in Jan 2021 and went on a rally bull run to 1.60 in July before it comes tumbling down.

I will be averaging down this morning in tranches.....
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we see the price action went down to 1.23 lowest before rebounding back to 1.28 level. Congrats to those who got in at 1.23 level.
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Those who missed it , this may be another opportunity.

When looking at REITS vs STOCKS, one need to be clear of its investment objectives. Yes, the price of REITS may also fall in a continuing high interest environment but the objectives is to invest for income for REITS. The capital appreciation will take a backseat as the investor holds a long term view to it.
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added more
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