Target Price: S$9.25 (SOTP-based)Keppel’s strategic focus on asset-light operations, digital infrastructure, and strong capital recycling efforts continues to position the company for sustainable long-term growth. Despite near-term volatility in the real estate segment, Keppel’s high-margin businesses in connectivity and asset management are proving to be strong revenue drivers.
With a BUY recommendation and a target price of S$9.25, Keppel remains an attractive investment option for those seeking strong dividends, strategic growth, and a diversified business model
KEP1 trade ideas
BN4.SGX_Bullish Breakout Trade_LongENTRY: 7.08
SL: 6.90
TP1: 7.22
TP2: 7.51
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Cup and handle pattern from Jun 2022. Today looks like breakout from handle.
- Entry today based on breakout and >3% rebound off 10EMA with volume.
[Analysis] Keppel Corp (BN4)(SG)While many will be elated on what seems like a "Trend Breakout", it is still early to tell.
Newton law of motion
"An object in motion will remain in motion in the same direction" holds true for stocks as well. A stock in a downtrend will most likely stay in a downtrend.
Even if the breakout is legit, we have a nearby resistance at 6.00. Given that the current price is already at 5.600, there is not much room upwards before supplies start to pour in again.
If the price is unable to break 5.70, a possible lower high could be created.
One of the sins in Technical Analysis is the trader only draws what he wishes to see and is blind to other possibilities.
Verdict: The Risk is not worth chasing this potential "breakout"
BN4 (SGX) - Still in Bearish TrendGreetings
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Analysis
GBN4 (SGX) - Still in Bearish Trend
Key levels on KeppelPrices played out nicely in our previous call, here are the updated key levels for me on Keppel. I caution our 5.66 resistance level as it is in line with our monthly descending trend line as well where we could see a pullback to test our support. A break above this level would see a further push up to our next resistance target at 5.91.
Key levels to watch on Keppel, potential for more upside! We could be seeing room for more upside to our resistance target at 4.91. A test of our support at 4.28 presents an opportunity to go long. That said, I want to caution the absence of any ascending trend line which would make the setup clearer. What are your thoughts on this?