In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.
In this article, our focus is on Keppel Real Estate Investment Trust (SGX: K71U), which is showing signs of a potential bullish reversal in its price action.
Below are some key highlights from the technical report:
Keppel REIT
- Market Position: Keppel REIT is designated as a ‘Technical Buy’ at the last price of S$0.89.
- Entry Prices and Support Levels: Suggested entry prices are S$0.89, S$0.86 and S$0.84, with key supports at S$0.84 and S$0.82.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.80, with resistance points at S$0.90 and S$1.00.
- Target Prices: The analysis sets target prices at S$0.96, S$1.04, S$1.20, and S$1.40.
- Company Overview: Keppel REIT owns a portfolio of Grade A commercial assets in prime financial districts of Singapore, Australia, Japan, and Seoul.
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.
Please refer to the attached report for the disclaimer.
