Ah_Meng
2022-08-24

$LIPPO MALLS INDO RETAIL TRUST(D5IU.SI)$Can anyone advise how do I put a bullish/bearish sign on the stock of interest? I have been trying to put it but could not find the button for it.

I hold short to medium term bullish for this REIT. Lippo Mall, many may not be familiar. Lippo group has been one of the Indonesian rich and powerful families from the old Suharto era. A lot of these conglomerates, although badly hurt decades ago, are still strong enough to have influence over every day Indonesian lives.

Anyway, there are different reasons for short to medium term bullishness. First, from chart perspective, although it is still on the downtrend, which could continue for a while, it is currently lying in an oversold territory. A near term rebound is expected. 

Indonesian shopping malls have in recent years been badly affected by COVID. The COVID situation is improving in many countries, including Indonesia. The shopping scene in Jakarta is also moving slowly back to normal. With the improvement of human traffic, the REIT's performance will get from bad to less bad and accordingly, the stock price will follow suit.

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Comments

  • CaptainTiger
    2022-08-24
    CaptainTiger
    Hi, bullish/bearish feature is not available on this stock for now, but surely it will be in the future. At this time you may turn to other stocks to make a prediction :)
    • Ah_MengReplyCaptainTiger: 
      I tried to look for counters with Bullish/ bearish symbol but could not find them. Can I know where is it located and can give me an example for a particular stock to confirm I can find it? Thanks
    • Ah_MengReplyCaptainTiger: 
      [OK]
    • CaptainTigerReplyAh_Meng: 
      It's available in some hot stocks in the US markets, and HKEX, SGX or ASX markets, based on the popularity of that stock.
    • Ah_Meng: 
      Oh I see... it is not meant for all stocks.  How do I know? Is it for example country specific?
  • highhand
    2022-08-30
    highhand
    only the popular stocks have it. when you type the stock symbol it will automatically show if you can add bearish or bullish sign. if nothing comes out, that means the stock cannot put
    • Ah_Meng: 
      Oh thanks! so I need to type the stock symbol... I will try it out...
  • JCKL488
    2022-08-24
    JCKL488
    The ussue here is not only about mall footfall. The currency play a big part too
  • jas68
    2022-08-24
    jas68
    no idea sorry.
    some stocks it will have it as a choice. others don't
  • Gie12
    2022-08-25
    Gie12
    Hope it recovers 😭
  • hh488
    2022-08-25
    hh488
    Ah. Finally find some answer to this bullishness / bearishness choice. Strange that Tiger nvr teach nor guide at the beginning.
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