$Keppel(BN4.SG)

Context: Keppel has dropped to S$10.10 amid broader SGX weakness as markets reprice expectations for Fed rate hikes. The technical picture is also deteriorating, with a death cross potentially forming as the shorter-term moving average approaches a cross below the longer-term average.

My trade: I still like Keppel as a blue-chip holding and may look to add if the pullback presents a more attractive entry.

Takeaway: I’m staying constructive on the fundamentals, but will be mindful of the weakening technicals before adding.