CapitaLand Ascott Trust
Long

Ascott Trust - Falling Wedge Pattern (approaching apex?)

144
A Falling wedge pattern has a good odd of breaking out to the upside eventually. This wedge has been forming over the past 6 weeks and is getting narrower towards the apex. Long now @ 0.96 and patiently wait for the upside break or wait to long as soon as it breaks.

Support is currently at 0.90-092

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.

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