I have been seeing quite a fair bit of potential trades like this. Channel’s the size of 10%. This is the same for capitaland. However, it seems that the last time round it wasn’t able to breach its resistance at $4.14, but i am fancying that it will try again.
Entry at 3.74. MACD Histogram looks to turn up. Potentially this looks a good trade. But i am pulling out this trade as well as 2 other trades, in view of an upcoming correction. Might come back and bite me hard.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- We Need to Be Better Than This. - May 26, 2023
- Tearing Down the 8.6% Dividend Yielding Allianz GI Income and Growth Fund. - May 24, 2023
- My Money Wisdom Interview with Providend – The Value of Advice - May 22, 2023