January 7, 2017
Singapore’s Economy
Continue to what we covered recently that Singapore economy is not bad, we in fact performed better than what the analyst expected from Bloomberg update on Singapore economy. Read Bloomberg news, Singapore’s Economy Expands More Than Economists Estimated.
Singapore is “not doing badly,” said Prime Minister Lee Hsien Loong during his New Year message. Read news PM Lee expresses confidence over triumphing the current economic slowdown in his New Year message from IBT, International Business Times.
Therefore there will a demand on the office space. Well, will see. Let see some of the REIT, Real Estate Investment Trust stock ahead of time. But must agree all thing can happen. So do not just bet on one horse. In other words do not put all eggs in one basket.
In that spirit, we will study a few REIT, besides Manulife US. We will study Ascendas REIT.
Manulife Photo taken from Internet.
Singapore Stock Analysis
BTOU | Manulife US REIT Weekly and Two-Legged
Watch out! When the bulls run up to the high and breakout and the high is being surpassed, the market will run up much quick in bull trend.
January 6, 2017 Manulife US REIT Weekly and Two-legged pattern
BTOU | Manulife US REIT Daily
After the up flow, followed by two-legged down. This causes the bulls and bears become uncertain. Bulls and bears become uncertain where the trend will got. Bears expect the bulls will retest the high. True or true? Will see. When the price action breakout the high and not fail, the trend will continue. Of course all setup can fail.
January 6, 2017 Manulife US REIT Daily and Two-legged Pattern
Moses Stock Desk
AmiBrokerAcademy.com
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