Keppel DC REIT (SGX: AJBU) strong upside is set to continue despite a temporary break below the primary uptrend line starting from March to August 2020:
*Timeline of the trade is 4 weeks from the date issued.
*The resistance zone at $3.00-$3.06 is a strong resistance zone and therefore we expect some forms of correction.
*As long as prices continue to stay above $2.75, the uptrend is still on.
Red dotted line = 200 periods Moving average
Blue dotted line = 50 periods Moving average