Friday, September 1, 2023

Chart: Keppel REIT

 


Keppel REIT

Recently read that Keppel Corp might give out some Keppel REIT shares

Went to look see the chart

Looks like a nice probability level to receive the shares

Near Elliot Fib golden level 1.618 (0.82)

Might even be tempted to try some short term trades if prices fall further

Free hedging for office sector if they don't end up sunset though I will be wary to hold long term as chart looks like a massive descending triangle with lower highs

As always, gentle reminder to dyodd