TA for sunpower n keppel dc reits

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  • #38998

    Chris

    hi Wei Ren

    Can have TA for sunpower n its support levels to enter for trading ?

    Also TA for keppel dc reits (ajbu) n its level to enter for mid-term buy ?

    #39023

    Research Department

    Sunpower – You may refer to my previous report for reference on the daily chart https://www.stocksbnb.com/tech-pulse/technical-pulse-sunpower-group-ltd/ However, I would like to bring your attention to the weekly chart as to why we are still positive that Sunpower will hit our $1.00 target. Since the breaking of the multiple resistance points and the descending channel, the upward momentum has been strong but as prices edge closer to the 88.6% retracement level, expect some form of minor correction going forward.    

    Keppel DC – Wave movement is still unclear whether will there be an impulse move after the expanding flat ABC or will it be a double three. Key things to watch out for are how prices going to break both resistance zone 1 and 2.

    • This reply was modified 3 years, 3 months ago by Research Department.
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