Richhard
:
This counter has triple whammy now: less than expected conducive interest rate environments for all REITs, decades low tide for China property, and pessimistic expectation on China currency, economy due to Trump. But all are known risks by now. So if the stock price holds rangebound at low level, can see the selling pressure is almost released. so any marginal improvement in expectation or mood or hard data or less than expected risk severity such as not so bad trade tariff, cud push the counter up, firstly as mean reversion process then if fresh fund in, can break the monthly chart resistance level, if DPU holds or improves, can add fuel. Not for trading advise.
101843167 : Agree.
Deep Sea : True. Maybe no trade war next year and all stocks rise.
DSWL74 Deep Sea : U think so?
Deep Sea DSWL74 : Trump cannot use back the same tactic of trade war to tame China. It’s not going to work.
Richhard : This counter has triple whammy now: less than expected conducive interest rate environments for all REITs, decades low tide for China property, and pessimistic expectation on China currency, economy due to Trump. But all are known risks by now. So if the stock price holds rangebound at low level, can see the selling pressure is almost released. so any marginal improvement in expectation or mood or hard data or less than expected risk severity such as not so bad trade tariff, cud push the counter up, firstly as mean reversion process then if fresh fund in, can break the monthly chart resistance level, if DPU holds or improves, can add fuel. Not for trading advise.
Deep Sea Richhard : Agreed. This counter is for long term investment. Not for swing trade for now.