Keppel Land: Technical Buy Call by UOB Kay Hian with a potential 10.6% return. BUY with a TP of $3.85. The stock appears to have rebounded from its mid Bollinger band, which is also the 20- day SMA. Currently any retracement is likely to find support at close to $3.30. The Stochastics indicator is appearing to form a bullish crossover and the MACD indicator could cross above its signal line.
The alternative exit for this long position will be if the stock falls below $3.30. Institutional research has a fundamental BUY with TP of $3.60.
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