Ascendas Reit

Tagged: 

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #38105

    Jonathan

    For someone with no position in Ascendas Reit and looking to invest

    1.  what is the fair value of Ascendas Reit with the current rights issue?

    2.  what is the technical outlook and entry price?

    Thanks

    #38177

    Research Department

    Hi Jonathan, 

    You may refer to our latest report on Ascendas over here. https://www.stocksbnb.com/reports/ascendas-reit-standing-steady/. 

    The technical outlook remains on the downside after a strong bearish runway gap on 11th November and since after 7 periods, it has yet to fill the gap and the bearish candle yesterday has definitely increased the probability of further downside to 2.70-2.76 should the immediate support breaks at 2.86

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

Get access to all the latest market news, reports, technical analysis
by signing up for a free account today!