K71U (Singapore REIT) - last leg before path to new lowsK71U is finishing minor wave 4 up, but there is still on more small leg up to complete it. When complete this prime office REIT price should trace a down path to below 0.79. If price move touches the 1.14 level this scenario should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES
K71U trade ideas
K71U - Singapore - 13% of gains aheadKeppel REIT a property owner of prime office buildings in Singapore seems to be tracing a minute wave c up that should push prices to 1.07, the most probable target. If prices go below 0.875 which is the low of minute wave b, this scenario should be void and chance are that minor wave 4 has already finished and wave 5 down is on the way. Keep tuned. Follow Skylinpro to receive updates.