SG Stocks To Watch (AIMSAMP Cap REIT)

2016Sep-Performance Chart-800x6002016Sep-AIMSAMP Cap Reit-800x600

AIMSAMP Cap REIT (SGX:O5RU)

AIMSAMP Cap REIT is currently establishing a higher swing low (higher low), establishing a mid-term uptrend channel as confirmed by the Trender overlay. With majority of the SGX listed REITs at overbought level after an extended rally, AIMSAMP Cap REIT is likely to play catch up to minimize the currently divergence against the sector, offering an opportunity for short term traders and investors.

The immediate resistance to watch for is at $1.46 level, with support level to negate this mid term trend channel at $1.385.

 

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