Technical Outlook for

STI STOCKS SINGAPORE

EXCHANGE
W E E K LY

FORTUNE REAL ESTATE INV TRUST HKD

Figure:1, Period: Daily & weekly.

TECHNICAL OUTLOOK

Fortune Real Estate Inv Trust HKD technically looks bullish on both the short term and long term graph as
it was closed above its 50 day MA level of 4.009 @ 4.010, up by 2.82%.

Fortune Real Estate having strong Resistance @ its 4.010 level and we suppose that above this level one
can take long position for 4.04-4.08-4.12.

FTR having support @ 3.95 levels and below this 3.88-3.84 will be the major support zone for the scrip.

Technical indicators are looking bullish on charts, MACD expected to give bullish sign on daily Graph.

2
Technical Outlook for
STI STOCKS SINGAPORE
EXCHANGE
W E E K LY

Disclaimer

Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.
The information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not
vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for
any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the
recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The
information herein, together with all estimates and forecasts, can change without notice. We does not purport to be an
invitation or anoffer to buy or sell any financial instrument. Any surfing and reading of the information is the acceptance of
this disclaimer. All Rights Reserved.