$ASCENDAS _老虎社区_美港股上老虎

2022-03-06

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$breaks off parallel range!
6/3/2022Ascendas Reit (A17U) weekly chart
share price cracked below $2.87 lower range support in late-Jan
has been trading in narrow range but continues to held below $2.87
typically viewed as bearish distribution given down trending EMA 10 < 20 < 40

Expect to further test $2.70 , an upper range resist-turned-support level back between 2017~2019 as shown

Void if share price move back above $2.87 on strong volume

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