Thursday, September 03, 2020

Ascendas Reit - Buy At First Support

Trade details are as follows:

Order Type:            Buy
Symbol:                A17U
Name:                ASCENDAS REIT
Quantity:            2,000
Quantity Filled:        2,000
Quantity Left:            0
Settlement Mode:        Cash Upfront
Price Filled:            3.29
Time Filled:            03 SEP 2020 14:40

Transaction Value

SGD 6,580.00
SGD 10.00
SGD 2.14
SGD 0.49
SGD 0.88
SGD 13.51
SGD 6,593.51


Current price higher than its Net Asset Value per unit, so further capital appreciation might be range bound.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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