CFD Trading – Buy Ascendas Reit (A17U.SGX) @ $2.87. Stop @ $2.81 and Target @ $2.96.

Ascendas Reit Stock Code A17U.SGX


Price broke above the cloud three days ago and for the past 3 days price had closed above the cloud, which is a hint of a bullish price trend. Conversion line and Base line remained in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish and is hinting at a bullish price trend. As long as price stays above the cloud, price is likely to test the previous price high at $2.96, in the next 2-3 weeks.


$2.87                 Buy

$2.96                Price Target

$2.81                 Risk Management Stop

3 weeks            Trade Duration

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