@hydros：
$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$has broken out of a multi month downtrend and started a short term uptrend. Since getting rejected at 2.72 which is also the previous horizontal resistance at 2.72, price has been trending down gradually. The price is expected to be supported by 2.62 horizontal support, which provides a decent yield of 5.1% at about annual 13.4c dividend. Fundamentally, this quality REIT has a strong sponsor and been growing its dividends year after year. Recently it has also been growing its data center portfolio and could be a good data center play given its higher dividend yield than the other 2 sgx listed data center reits.
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