In today’s fast-paced financial markets, understanding the subtle cues of technical analysis is crucial for smart investing.
In this article, we recommend ‘technical buy’ calls for Keppel DC REIT (SGX: AJBU), with an uptrend continuation likely; CDL Hospitality Trusts (SGX: J85) for a bullish bottoming out; and Mapletree Pan Asia Commercial Trust (MPACT) (SGX: N2IU) for a bullish breakout from the range.
Key highlights from the technical reports:
Keppel DC REIT
Market Position: Keppel DC REIT has broken out of the flag pattern with two strong bullish bars and rising volume, signaling a bullish continuation.
Entry Prices and Support Levels: Recommended entry points are at S$2.21, S$2.14, and S$2.08, with established support levels at S$2.08 and S$1.98.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$1.96. The identified resistance levels are at S$2.34 and S$3.00.
Target Prices: Set at S$2.54, S$2.83, S$3.05, and S$3.20.
Company Overview: Keppel DC REIT is Asia’s first pure-play data centre REIT, with a portfolio of assets located in key data centre hubs across Asia Pacific and Europe.
For a more detailed analysis, click on the link to access the report.
CDL Hospitality Trusts
Market Position: CDL Hospitality Trusts has broken out of the larger falling wedge with a strong bullish candle, supported by strong volume.
Entry Prices and Support Levels: Recommended entry points are at S$0.83, S$0.82, and S$0.79, with established support levels at S$0.825 and S$0.765.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$0.760. Identified resistance levels are at S$0.865 and S$0.920.
Target Prices: Set at S$0.910, S$0.980, S$1.03, and S$1.10.
Company Overview: CDL Hospitality Trusts invest in a portfolio of income-producing real estate, primarily used for hospitality, hospitality-related, and other accommodation and/or lodging purposes.
For a more detailed analysis, click on the link to access the report.
Mapletree Pan Asia Commercial Trust
Market Position: MPACT has broken out of the consolidating range with a strong bullish candle, supported by high volume.
Entry Prices and Support Levels: Recommended entry points are at S$1.24, S$1.20, and S$1.15, with established support levels at S$1.23 and S$1.16.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$1.10. Identified resistance levels are at S$1.35 and S$1.51.
Target Prices: Set at S$1.38, S$1.50, S$1.64, and S$1.80.
Company Overview: MPACT invests in a portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as other real estate assets, in the key gateway markets of Asia.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock’s momentum.
Our goal is to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re an experienced investor or new to the market, our analysis is tailored to help you navigate the market with confidence.
Please refer to the attached report for the disclaimer.
