Apr 25-29 - FA / TA for AscottREIT

Apr 25-29 - FA for AscottREIT, Price below NAV
NAV - 1.26
Yield - 6.15% (above SGP Inflation of 2.8%)
EPS - 0.139,
PE - 8.7X

AscottREIT is an income generating stock, it has a strong earning come back on FY2010 with EPS  0.139 as compared to FY2008(-EPS 0.0375 / FY2009(EPS: -0.0188). NAV has increased from 0.7344 (FY2009) to 1.26 (FY2010).  On the 30 March, Temask Holdings have bought in 261,353 lots at 1.20 (held 49.49%). So you might want to watch this counter for your yielding.

Apr 25-29 - TA for AscottREIT,
Trend : Bullish Reversal Detection, MACD cross the +ve range.
Momentum : Moderate.
Candlestick : Gap up with one white soldier - hope to get 2nd white soldier on Apr 25-26.
Volume : 3x more
Support at 1.15
Resistance 1 at 1.21 (lookout for Resistance turn support)
Resistance 2 at 1.26 (same as NAV value)
Stochastic divergence detected - thereby a possible price up.