@highhand:
$KEPPEL DC REIT(AJBU.SI)$A few weeks ago I wrote about Keppel DC REIT and its support level.Well, that's all been crushed to smithereens. We are back to prehistoric times of COVID support / low at 1.644. Keppel DC is trading at 1.68 as we speak. If this breaks, I'm putting my neck out there and saying next support is 1.566 formed between July to Sep 2019. Note that support/resistance levels from a long time back may have lower impact than recently established levels.CAPITAL OUTFLOW TO OTHER FIXED INCOME The drop in REITs share price is almost global. As 5% Fed terminal rate in 2023 is anticipated, yield in other fixed income assets (e.g. bonds) increases. When yield of these&nbs