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AXREIT (5106) - follow up on technical analysis only

Writer's picture: HONG WEI GIETHONG WEI GIET

https://www.tradingview.com/x/J3CPWUc1

Note

  1. Recently AXREIT price touch bottom line of flat trend, it become more attractive to long term dividend gainer.

  2. RSI and MACD indicated selling force and oversold status.

  3. DY : 5.16% (With adjustment)

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

Note

  1. Due to triangle pattern with bearish sign:-

  • Support Point RM 1.598

  • Resistance Point RM 1.658

  • Save zone to enter RM 1.55

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