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Thursday, April 9, 2020

Ascendas iTrust

Chart wise, looks bearish!
Likely to continue to trend lower!


The current price of $1.18 is trading below its SMA lines and seems rather weak.


NAV $1.08.
DPU 6.6 cents.
Yield 5.6%.

Short term wise, I think it may go down to retest 98 cents again.
Breaking down of 98 cents plus high volume that may likely see the price sliding down towards 90 then 78 cents.


Not a call to buy or sell.
Pls dyodd.

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