C61U (Singapore REIT) - last leg of triangle before new lowsC61U is tracing minuette wave E of a contracting triangle that will complete minute wave 4. The most probable target is at 1.54. After this prices should fall to new lows during minute wave 5 down. FOLLOW SKYLINEPRO TO GET UPDATES.
Reit
K71U (Singapore REIT) - last leg before path to new lowsK71U is finishing minor wave 4 up, but there is still on more small leg up to complete it. When complete this prime office REIT price should trace a down path to below 0.79. If price move touches the 1.14 level this scenario should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES
GPOR.LSE (UK) - on path to new lowsGreat Portland Estates, a prime office REIT from UK, seems to have now completed the intermediate wave 2 up, after a zigzag minor ABC pattern has completed. Prices should follow a long downward path to new lows. This scenario will be void if prices crosses up 756. FOLLOW SKYLINEPRO TO GET UPDATES.
GPOR.LSE - new lows ahead ?We changed the wave count pattern of GPOR.LSE as it crossed the line at minor B. It is now tracing intermediate wave (3) down what should bring prices below wave (1) and with a good strenght in the move. There is an alternative scenario where this is the final stages of a minor B of an ABC pattern, in this case prices could go up in wave C. In the next days we will have more clarity of what scenario should prevail, keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
K71U - Singapore - 13% of gains aheadKeppel REIT a property owner of prime office buildings in Singapore seems to be tracing a minute wave c up that should push prices to 1.07, the most probable target. If prices go below 0.875 which is the low of minute wave b, this scenario should be void and chance are that minor wave 4 has already finished and wave 5 down is on the way. Keep tuned. Follow Skylinpro to receive updates.
K71U (Singapore) - critical junctureKeppel REIT, a prime office REIT from Singapore seems to have finished the minor for correction up. If it doesn't cross the 0.99 mark, the path ahead should be in direction to new lows. FOLLOW SKYLINEPRO TO GET UPDATES.
EasterlyGovernmentProperties $DEAAfter long rally, #EasterlyGovernmentProperties is pulling back to the support line.
IFIX - losses aheadFOLLOW SKYLINEPRO TO GET UPDATES. IFIX should be finishing minute wave 5 up of a minor C of a intermediate B corrective wave. In this scenario, the index should decrease 10 to 20% if this primary wave 4 is a triangle formation or should go below 1900, up to June 2020, if this formation is a zigzag ABC pattern.
IFIX - one more leg up before reversal to downsideIFIX is tracing a long intermediate B correction and it seems to be in its final leg up, tracing minor wave C. The most probable target would be at 2,790, after this it should start a long move down to levels lower the previous intermediate wave A. FOLLOW SKYLINEPRO TO GET UPDATES.
DLN.LSE - (UK) - up to 13% shor-term returnsDerwent London is a REIT owner of prime office buildings in London. It is currently tracing minor wave C up of a possible wave primary wave D of a contracting triangle formation. The most probable target for the end of minor C is at 3,796. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
DLN.LSE (UK) - critical junctureAfter our previous post indicating the future up move on this UK REIT, the Reit increased 9.8%. At this current juncture there are two possible outcomes. The most probable one is that DLN continues its minor wave 5 up and reach 3800. The alternative scenario is that intermediate C wave and primary D of a contracting triangle has finished and the reit will start is move down into the last wave of the triangle. The latter would happen if DLN crosses down 3344. FOLLOW SKYLINEPRO TO GET UPDATES.
REITO - Japan Office REIT Index - 17% of gains aheadREITO is developing a primary level of correction after it reached a peak in primary wave 5. It is now developing a minor ABC pattern, currently at wave C up. The most probable targets are 1824 and 1976. If this setup persists it would mean 17 to 27% of gains in the next 10-15 days. If it crosses down 1380, it would invalidate this forecast. FOLLOW SKYLINEPRO TO GET UPDATES.
IUKP - iShares UK Property ETF - new lows aheadIUKP is coming down in a cycle wave C. It is in an early phase of this wave decline, where intermediate wave 4 seems completed and it should move down in intermediate wave 5 to reach lower levels than its previous wave 3. FOLLOW SKYLINEPRO TO GET UPDATES.
HSREIT- Hang Seng REIT Index - opportunity for growthHSREIT is a Hong Kong REIT index and it seems to have finished cycle wave 4, as its stocks counterpart HSI. It had already traced minor wave 1 up and it is in the first wave of minor 3 up. It could also be tracing a triangle of primary degree. In both cases the trend is up and we should continue to see mid-term growth in the index. FOLLOW SKYLINEPRO TO GET UPDATES.
First Industrial Realty Trust (FR) long.All description on the chart.
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SLG opportunity for short-term profitOffice REITs in the US have been beaten up for a long time since 2015, differently than stocks. SL Green seems to have finished a primary wave Y down and it is developing its first impulse wave in the upward direction. The most probable scenario is that Minuette wave 5 started at the first minutes of the section with a good volume. If this scenario persevere SLG should reach more than 10% gains in the next two days. A retracement below 46.00 would invalidate this case. FOLLOW SKYLINEPRO TO GET UPTDATES.
8952 - JAPAN - opportunities for returnsJapan Real Estate Office Co. is the owner of prime office buildings in Tokyo and seems to be beginning to trace minor wave 3 up of an intermediate wave C. Volume is confirming the move. If this is the case, prices should reach up to 794,000 a move to up to 25% which it the same size of wave (A). FOLLOW SKYLINEPRO TO GET UPDATES.
HPP additional 3% gains in the next two daysHPP price structure indicates that it is tracing a last minute impulse wave 5 to complete minor wave 1. There was a big volume buying in the the last minutes oh today's session. If this scenario persist price should reach 22.25 which is the same size of wave 1. FOLLOW SKYLINEPRO TO GET UPTDATES.
BXP - up to 30% ahead ?Boston Properties is one of the prime office building owners in US. It seems to have finished a triangle corrective move that culminated in the end of minor wave 2. If this is the case price should be entering minor wave 3 up that could boost prices to up to 30% gains. Keep alert for the support level at the end of wave 2 at 89.29, if prices cross this line in the next days this wave count would not be valid anymore. FOLLOW SKYLINEPRO TO GET UPDATES.
8976 - DAIWA - opportunities for returnsAligned with the other two prime office REITs from Tokyo, Daiwa Office Investment Corp should be tracing minor wave 3 up, the volume confirms the move. If this is the case prices should reach up to 742,000 in minor wave C up, before it reverses to a longer downward move. FOLLOW SKYLINEPRO TO GET UPDATES.
405 YEXIU REIT - poised for growthYEXIU REIT the prime office REIT that owns properties in China is tracing minor wave 3 up. It recently surpasses the top of minor wave 1 and should be tracing minuette wave 5 up. Volume is confirming the move. If this is a wave 3, the current target for it is 4.47, a 1.618 advance compared to minuro wave 1. FOLLOW SKYLINEPRO TO GET UPDATES.
3234 MORI HILLS REIT - juncture attentionMori Hills REIT should be tracing a minute wave c up. However, there is a possibility that this juncture couls also be near the end of minor wave two. In the first case, prices should continue to go up, in the second case if prices reaches 141,100 we recommend you to get out of the position as this could sinalize the end of wave 2 and minor wave 3 will push prices down. There was a record selling volume as prices approached the end of this move, that's why we are having caution here. FOLLOW SKYLINEPRO TO GET UPDATES.
