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Writer's pictureHONG WEI GIET

MQREIT (5123) - follow up on technical analysis only


https://www.tradingview.com/x/tq2BbnIS

Note

  1. Due to latest financial statement announcement with positive news, MQREIT is challenging the highest point in its history.

  2. RSI showed overbought signal

  3. MACD showed positive momentum

  4. Ex-date of dividend on 24/08/2017. Based on theory, it might have a selling pressure on the said date.

Disclaimer: Own holding share

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