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This is Ascendas REIT' s 1-Yr Daily chart.
First I show you her clean chart without any markings.
Now if you place a piece of paper to cover the entire chart and then you reveal only the left side of the chart starting from the left margin,
you will get a feeling of how it was like when this chart was being drawn from left to right in the course of 1 year. You wont know how the
candle will appear the following day.
What I did was... each time a candle made a New High, I observed what the stock did in the next session or in the next few sessions. And
I discovered that either in the next session or in the next few sessions, the price did pull back to touch the 20-ema in most cases and on a few
occasions, did not touch the 20-ema but did pull back to very near the 20-ema.
In the next chart below which is the same chart as the one above, I marked each New High with a red arrow and a number. And I also used a
black arrow with a corresponding number to mark where the price had pulled back to each time after making those New Highs.
What this tells us is that each time Ascendas makes a New High, there is a very high probability that within the next session or next few sessions, she
will likely do a pullback to or near to her 20-ema.
Her last New High was 2.83. On that same day, she started a pullback which saw 2.78 being touched.
Her 20-ema is at 2.71. There is still a gap of 7 cts between 2.78 and 2.71.
Her next session after making that New High, is tomorrow, ie. Monday.
Going by her chart, we should wait for her to pull back to either her 20-ema at 2.71 or near to it.
Then we go LONG for her next upmove.
Lidat, Ngum bor?
First I show you her clean chart without any markings.
Now if you place a piece of paper to cover the entire chart and then you reveal only the left side of the chart starting from the left margin,
you will get a feeling of how it was like when this chart was being drawn from left to right in the course of 1 year. You wont know how the
candle will appear the following day.
What I did was... each time a candle made a New High, I observed what the stock did in the next session or in the next few sessions. And
I discovered that either in the next session or in the next few sessions, the price did pull back to touch the 20-ema in most cases and on a few
occasions, did not touch the 20-ema but did pull back to very near the 20-ema.
In the next chart below which is the same chart as the one above, I marked each New High with a red arrow and a number. And I also used a
black arrow with a corresponding number to mark where the price had pulled back to each time after making those New Highs.
What this tells us is that each time Ascendas makes a New High, there is a very high probability that within the next session or next few sessions, she
will likely do a pullback to or near to her 20-ema.
Her last New High was 2.83. On that same day, she started a pullback which saw 2.78 being touched.
Her 20-ema is at 2.71. There is still a gap of 7 cts between 2.78 and 2.71.
Her next session after making that New High, is tomorrow, ie. Monday.
Going by her chart, we should wait for her to pull back to either her 20-ema at 2.71 or near to it.
Then we go LONG for her next upmove.
Lidat, Ngum bor?
This chart shows what she did in January of 2017.
In Jan 2018, she repeated what she did in the early part of Jan 2017 - she rose steeply.
Next is we see whether she does a pullback followed by sideway movement.
From tomorrow onwards, we all open eyes big big and monitor together.
In Jan 2018, she repeated what she did in the early part of Jan 2017 - she rose steeply.
Next is we see whether she does a pullback followed by sideway movement.
From tomorrow onwards, we all open eyes big big and monitor together.
hoping for a repeat of last year' s uptrend beginning Jan 2017 
NABEH she no gib face and CHEONG leow... the boat has left the harbour. 
January is her reporting month and that' s when she will usually run. But she didnt pullback much in Dec.
In fact, she closed at 2.72 last Fri which is rather near to her Last High at 2.76 established on 2 Nov 2017.
So whether she will continue to firm up from 2.72 to show us a New High at 2.80 or whether she needs to
pullback first, only time will tell.
If you want to know what she did back in Jan 2016, here' s her chart.
In fact, she closed at 2.72 last Fri which is rather near to her Last High at 2.76 established on 2 Nov 2017.
So whether she will continue to firm up from 2.72 to show us a New High at 2.80 or whether she needs to
pullback first, only time will tell.
If you want to know what she did back in Jan 2016, here' s her chart.