Saturday, 10 September 2016

[review] Income holdings 10/09/2016

Summary
holding onto 4 income counters: ADQU, KL2U, V03, SV3U
Sector: Biz Office(SG), Logistics(SG & OZ), Tech(MY & US), Golf(JP)



Review of counters
Accordia Golf Trust. Generally uptrending, with strong buying action since the last spike. The MACD is turning up again, and it has "bounced up" on its dynamic support (SMA50). support is at 66c, so set your SL at 65.5c. if it breaks the 69.5c point, it will be its next support as it has tested it 2 times in the last 2 months. probably time to buy in more.


Cache Logistics Trust. possible reversal play. some consolidation in the past 1 month, with strong buy volume, MACD turning upwards again. Near term support at 91c, resistance at 93c, but likely to breakout.


Soilbuild Bizspace. indicator is unclear, will be good to stay out until the issue is completed ( $0.63 per unit) there is still cashflow generated. however the share price is degrading my capital faster than the cash is generated. will monitor it further.


Venture Corp. general up trending counter, have been consolidating in price for the last month or so, as it touched the dynamic support, with good buying volume, and an upturning MACD, we are going to expect further gains. so it will be a load up order for me

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