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WiseStacker
24 Th07 2019 07:44

Stop Loss Time for Asia's Largest REIT. 

LINK REAL ESTATE INVESTMENT TRUSTHKEX

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Own LinkREIT, Asia's largest REIT since 2015. Average purchase price is 49 HKD. It has been working extremely well for me. But after having performed that well, and with recent issues in Hk, I am securing 50% of profits with two trailing SL orders, one at 94,50 HKD and the other at 93,25 HKD. Let's see if it can hold above those. Doubt it.

Not a professional trader, just long-term investor.

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First SL order just triggered. Sold 25% at 94,50 HKD.

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Second SL order triggered. Sold another 25% at 93,20 HKD.

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Happy that I exited as above. There is not sign that the HK protests are to stop anytime soon. Placed another SL 85,50 HKD to be fully out. Then wait till the dust will settle.
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