Technical & Bullish: LREIT Eyes 52-Week Breakout: Bulls Targeting $0.66 and Beyond

Kenny_Loh
11:38

‌Lendlease Global Commercial REIT (JYEU) is exhibiting a clear bullish trend, currently trading at S$0.64. The price is holding firmly above its key moving averages, with the 20-day and 50-day MAs converging at S$0.62, creating a strong support zone. This follows a significant recovery from 2025 lows of S$0.44.

$Lendlease Reit(JYEU.SI)$

  • The REIT is now testing the S$0.66 resistance level (52-week high). A high-volume breakout here could trigger a re-rating toward analyst targets of S$0.70 – S$0.75. Fundamental sentiment is supported by the JEM office divestment, which is expected to lower gearing to approximately 36.7%.

  • Support: Immediate floor at S$0.62; major long-term support at S$0.57 (200-day MA).

  • Resistance: Critical hurdle at S$0.66; psychological target at S$0.70.

With 1H FY2026 earnings slated for February 9, 2026, watch for a "buy the rumor" run-up.

Kenny Loh is a distinguished MAS Private Wealth Advisor with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.

👉You can join his Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

👉Tag your Tiger Broker account to me to receive1 hour complimentary Investment Advice or Portfolio Review, DM kennyloh@fapl.sg on the tagging process.

👉Follow Kenny Loh

Modified in.14:04
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment