Keppel Land has traded higher together with most property counters today after consolidating below 3.45 for about 2 weeks. Today it has cleared the 3.45 level and is also convincingly above the 200 DAY MA long term trend line which can signal more upside. Target to 3.60 then 3.80 can be possible in the midterm. Note that it has formed a triple bottom from Jan to Mar this year and a breakout above key resistance level from 3.45 to 3.50 can be a further positive.
Stop loss at 3.42
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