Stock with Momentum: Keppel DC REIT

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 DC REIT (SGX: AJBU) as price action also sees a strong rebound at S$1.60 and price action points towards a mean-reversion to the upside.

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

• Market Position: Technical Buy with a last price of S$1.71, indicating a potential mean reversion to the upside.
• Entry Prices and Support Levels: Suggested entry prices are S$1.70, S$1.65, and S$1.58, with support levels at S$1.67 and S$1.57.
• Stop Loss and Resistance Levels: A stop loss is set at S$1.55, with resistance levels at S$1.85 and S$2.04.
• Target Prices: Target prices range from S$1.87 to S$2.12.
• Company Overview: Keppel DC REIT, the first pure-play data centre REIT listed on the Singapore Exchange, focuses on investing in income-producing real estate primarily used for data centre purposes.

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