Frasers L&I Tr (BUOU.SI) is a potential entry using one of my favorite setups.
One of my favorite buy setups is the use the weekly chart together with slow Stochastics. When it makes a “hook” in the oversold zone, its time to consider entering, as it may be low enough. For higher probability, combine it with candlesticks reversal pattern.
Notes:
- The weekly candle is not complete as the week has not ended yet.
- Frasers First Reit is in the resilient Healthcare sector.
- 61 properties in Australia with average occupancy at 99.4%.
- Average fixed rent increases per annum is 3.1%
- Tenant retention rate is 95.7%.
- Their WALE (Weighted Average Lease Expiry) is 6.8 years.
- Gearing at 31%.
- The yield is 6.37% at the current price.
If you are not sure how to buy low using slow stochastics, please contact me.
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