October 10, 2024

๐–๐ก๐š๐ญ ๐€๐ซ๐ž ๐Ÿ‘ ๐’๐† ๐‘๐ž๐ข๐ญ๐ฌ ๐ญ๐ก๐š๐ญ ๐‚๐š๐ง ๐’๐ญ๐ข๐ฅ๐ฅ ๐‡๐š๐ฏ๐ž ๐Œ๐จ๐ซ๐ž ๐”๐ฉ๐ฌ๐ข๐๐ž ๐š๐ง๐ ๐–๐ก๐ฒ. ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐‘๐ž๐ฏ๐ž๐š๐ฅ๐ž๐!

Author: Trading Impossible | Joey Choy
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Over the past few weeks, we have seen weakness in the Singapore market with most of the blue chips like the banks selling down.. ๐Ÿ˜ข

However, there was 1 particular sector that stood out, ๐ŸŒˆ

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๐“๐ก๐ž ๐‘๐„๐ˆ๐“๐’ – (Real Estate Investment Trust)

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Of course, NOT ALL the Reits are strong, it depends on which sector they belong to, ie Industrial, Medical etc..

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Some recovered faster while MOST are STILL weak honestly..

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We had spotted the ๐’๐“๐‘๐Ž๐๐†๐„๐‘ ones few weeks back and in fact there were someย  ๐ฎ๐ฉ๐ฌ๐ข๐๐ž ๐ญ๐š๐ซ๐ ๐ž๐ญ๐ฌ drawn. ๏ธ๐ŸŽฏ๏ธ๐ŸŽฏ

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Joey here, Top Tier Remisier in Phillip Securities.

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Check out the 3 SG Reits that are still in my watchlist and why perhaps you can look at them too.

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The ๐ฎ๐ฉ๐ญ๐ซ๐ž๐ง๐ for all 3 of them looks intact for now, ๐Ÿ“ˆ

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as long as some of the key support levels as mentioned in the video are holding.

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We may push higher in the short term but also take note of where we can potentially see profit taking come back again.

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More importantly, we have had some ๐๐”๐‹๐‹๐ˆ๐’๐‡ ๐„๐๐“๐‘๐˜ ๐’๐ˆ๐†๐๐€๐‹๐’ ๐Ÿ๐ซ๐จ๐ฆ ๐ฆ๐ฒ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ and there are No Exits yet. ๐Ÿ˜…๐Ÿ‘€

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Watch all the way to the end to see what I mean >> https://youtu.be/efs8xc7O6do

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