Reits - The Breakout

For those who have been braved enough to invest into the Reits counters during the March correction, most would have been at least 20% gain on paper by now. Not all the Reits are the same though, I classified them into 3 categories; the Leaders, Late Blommer and the catching up.

Today, I want to talk about the Late Blommer and they are still under their NAV. Over the last week, a few of these Reits counters made a breakout from their Norm.

Below are the 5 Reits which have broken the resistance and breakout.



No.1 Ascott Trust

No.2 CapitaComm Trust

No.3 Frasers Cpt

No.4 Suntec Reits

No.5 ??? - CDL HTrust
This counter had made a weak breakout, I will be adding on this coming week and will share more in later updates.
updated 02June