Parkway Life REIT (SGX: C2PU) - Signs of Potential Technical Accumulation

Parkway Life REIT (SGX: C2PU)

Signs of Potential Accumulation

Parkway Life REIT has exhibited notable price behavior in recent months, with emerging signs suggesting the development of a potential Wyckoff-style accumulation phase. The price structure and volume profile observed on the attached daily chart support this thesis, as the REIT approaches a pivotal technical juncture.

In early 2025, Parkway Life REIT broke above the long-term 750-day moving average with increasing volume and relative strength versus the STI.

A confirmed breakout above the SGD 4.30 level, preferably with a volume surge and relative strength continuation, would validate a Mark Up transition.

📌 Action Plan: Initiate with a modest position at current levels. Increase exposure upon confirmed breakout above resistance. Stop below S$3.75

Disclaimers apply.

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