$Keppel(BN4.SG)
Context: Keppel closed at S$11.20, with the move likely reflecting some profit-taking alongside broader jitters in the bond market. In this environment, I think there could also be a flight to quality, which could support more defensive blue-chip names.
My trade: Still holding my position. If Keppel continues to weaken towards the 200DMA at S$11.03, I may look to add to my position.
Takeaway: The pullback doesn’t change my broader view on Keppel. If it reaches the 200DMA, I’d see the technical weakness as a potential opportunity to add.
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