Stock with Momentum: Keppel Corp

January 16, 2024

In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.

In this article, we focus on Keppel Corporation Limited (SGX: BN4), which has seen a strong momentum.

Here is a look at some of the key highlights of the technical report.

  • Current Market Position: Keppel Corp is considered a ‘Technical Buy’ with a bullish trend likely to continue. The entry prices are S$6.99, S$6.86, and S$6.80.
  • Investment Details: Support levels are identified at S$6.90 and S$6.22, with a stop loss set at S$6.69. The stock faces resistance at S$7.05 and S$7.45.
  • Target Prices: The target prices set for Keppel Corp are S$7.52, S$8.00, S$8.70, and S$8.95, indicating significant potential for upward movement.
  • Company Overview: Keppel Corporation Limited operates in diverse sectors, including offshore and marine, infrastructure, property investment and development, telecommunications, transportation, energy, and engineering.

For a more detailed analysis, click on the link to access the report.

Take advantage of the stock momentum

Our goal is simple: to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re a seasoned investor or just starting out, our analysis is designed to help you navigate the market with confidence.

Disclaimer in the report attached

Billy Toh

Billy is deeply committed to making investment accessible and understandable to everyone, a principle that drives his engagement with the capital markets and his long-term investment strategies. He is currently the Head of Content & Investment Lead for Prosperus and a SGX Academy Trainer. His extensive experience spans roles as an economist at RHB Investment Bank, focusing on the Thailand and Philippines markets, and as a financial journalist at The Edge Malaysia. Additionally, his background includes valuable time spent in an asset management firm. Outside of finance, Billy enjoys meaningful conversations over coffee, keeps fit as a fitness enthusiast, and has a keen interest in technology.

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