Keppel DC REIT (SGX: AJBU) price failed to break the neckline resistance zone as stated in our previous buy call report on 17th May. Prices peaked at $2.69. The subsequent sell-off has set off a strong downside momentum:
*Timeline of the trade is 4 weeks from the date issued.
CHART LEGENDS
Moving average
Red dotted line = 200 periods Moving Average
Blue dotted line = 50 periods Moving Average
Green dotted line = 22 periods Moving Average