Frasers Center Point Trust has broke above the Critical 1.80 resistance last week trading to a high of 1.84 before dipping back down again today due to EX DIV date……
At this level still support above the Long term 200 day MA line so may still continue to trade upwards eventually. Can accumulate on dips above 1.79. Target to 1.84, then 1.88 then 1.95. Has been forming higher lows since Feb this year on strength… Can be a yield play to hold for the longer term for capital upside and dividend yield above 5%.
Stop loss wide at 1.765
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