Stock with Momentum: Keppel DC REIT

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

In this article, we delve into Keppel DC REIT (SGX: AJBU) as its price action is expected to see a strong upside.

Key highlights from the technical report:

Keppel DC REIT

Market Position: Keppel DC REIT is considered a ‘Technical Buy’ as the stock has broken out of the 10-month downtrend line and has formed both a higher high and a higher low.

Entry Prices and Support Levels: Recommended entry points are at S$1.99, S$1.85, and S$1.79, with established support levels at S$1.85 and S$1.62.

Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$1.70. Identified resistance levels are at S$2.04 and S$2.19.

Target Prices: Set at S$2.12, S$2.20, S$2.28, and S$2.50.

Company Overview: Keppel DC REIT is Asia’s first pure-play data center REIT.

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

Take advantage of the stock 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.