A formed channel and another forming Channel.

Divested CapMallAsia yester as a typical channel break. Refering to the beautiful chart, target price at 1.13>1.36>1.59.

What we learnt? Another forming chart of First Reit. Referring to the chart, target price at 0.72>0.78>0.84.


Moreover, adding another jem in my REIT portfolio, China Retail Trust, slightly lower than NAV 1.28 at 1.26, 2011 Div at 6.7%, fast growth in China's malls.