UOA REIT is likely to trade higher if it closes above the eight-month resistance level of RM1.42. A position can be made on a close above the level, with a close below early the July low of RM1.33 as a stop-loss. The price target is RM1.55 and resistance is also expected at the psychological RM1.50. Failure to close higher should see the sideways trend continuing. Further support is at RM1.29.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....