01 Apr '12, 3pm

Cache Logistics Trust: Retreating to supports.

Cache Logistics Trust: Retreating to supports.

Cache Logistics Trust is a favourite of many REIT investors. It has also received many glowing reports from analysts. I also have a small long position in the REIT. Today, a reader left a comment in my blog asking me if it is a good time to invest in the REIT as it closed at $1 a unit in the last session. Fundamentally, the REIT is a well run entity with 8.4% distribution yield per annum. If one is happy with its numbers, why not? Technically, however, I see possibly further weakness and there could be stronger supports at 98.5c and 97c. I thought I would share in this blog how I arrived at these numbers. Quite simply, I looked at the longer term chart, the weekly chart. Daily charts show shorter term price gyrations while weekly charts show possible longer term directions. The MAs on the weekly chart for a trending counter are … Read the full article → Related posts:Cache...

Full article: http://thefinance.sg/2012/04/01/cache-logistics-trust-ret...

Tweets

TI supports Thunderbolt, Thunderbolt Pricing (T...

design-reuse.com 02 Apr '12, 7am

This means TI developed 6 devices or chips that support Thunderbolt. In other words, TI chips sit next to the actual Thund...