Ascendas Reit - 08 Mar 21

Ascendas Industrial reits sell down is good opportunity for those who missed the boat previously.  Fundamental remain unchanged except that the price are overvalue due to the run up.

https://www.businesstimes.com.sg/companies-markets/brokers-take-jpmorgan-says-industrial-reits-most-vulnerable-amid-s-reit-headwinds?fbclid=IwAR145enuiyPBe5VMeGVXp0IeRiuB6Oa33C57WgNg38XYxRAUXUUxoUBsSzE

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.