150 MA 50 MA 30 MA tend to merge with no clear direction. Entering to consolidation period with downward presure.
Support Point(1) 1.675 and Support Point(2) 1.636
Resistance Point(1) 1.745 and resistance point(2) 1.776
UOAREIT broke the long term upward trend on 25/05/2017 and started downward trend (purple in color).
The downward trend support by 3 touch point at Up line and Bottom line.
More than 6.13% DY
Continuous profitable quarter for 10 years
Decrease in year over year profit
Stable dividend payout and mature REIT counter
High percentage that UOAREIT will not hit last year's revenue and net profit.
Safe zone to buy in @ or below 1.72
Cut losst @ 1.636