Last Friday, it has broken down the support at 1.80 and closed lower at 1.72 looks like BEAR is in control!
At this rate of falling, it may go down to test 1.59 again!
NAV 1.39. It 1.59 cannot hold then we may see her going further down to test 1.50 than 1.40 with extension to 1. 31.
Pls dyodd.
Yesterday, it has broken down the support at 1.90 and went further down to test 1.79 before closing at 1.82. The volume is high indicating there are more seller than buyers.
Short term wise, if 1.80 cannot hold, next, we may see her going down tobtest 1.75 than 1.70 with extension to 1.59.
At 1.81, yield is about 5.46%. At least it is closing up the different in yield with most of the index reit.
Pls dyodd.
Indeed, she has broken down the support at 1.98 after the 3rd quarter results released! I think market in not in favor of this set if financial numbers judging from the selling off down 11 cents to close at 1.90....