IGBREIT cup with handle set upIGBREIT
A cup with handle pattern has formed
Stock price above both 20MA (short term) and 50MA (mid term)
But 200MA still sloping downwards
Wait for more tight consolidation
Next report date
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Report period
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EPS estimate
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Revenue estimate
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0.10 MYR
517.63 M MYR
609.77 M MYR
1.26 B
About IGB REAL ESTATE INV TRUST
Sector
Industry
CEO
Hui Ning Tan
Website
Headquarters
Kuala Lumpur
Founded
2012
ISIN
MYL5227TO002
FIGI
BBG0038P24J8
IGB Real Estate Investment Trust invests in commercial real estate properties. Its portfolio consists of Mid Valley Megamall and The Gardens Mall. The company was founded on July 25, 2012, and is headquartered in Kuala Lumpur, Malaysia.
REITs recovery?several REITs have shown upside movements this week. Currently on IGB it has formed a ascending triangle, awaiting breakout and retest to make sure that its not a false break.
*DYOR on fundamentals
IGBREIT - Up momentum increaseIGBREIT - Up momentum increase
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