29 Oct '11, 9pm

Stock Chart: KepCorp, SGX!

Stock Chart: KepCorp, SGX!

On Friday, Kepcorp broke the minor resistance at $9.55 and closed at $9.73 with regular volume of 10.72 million shares traded. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 7 rising windows in the last 50 candles–this makes the current rising window even more bullish. Both RSI & MACD are bullish as though RSI near overbought level. Important Resistance of Kepcorp: $10 Immediate Support of Kepcorp: $9.55 Currently prices are supported by the 100 days MA at $9.55 Since 5/Oct, prices have been rally on a rising trend line with strong volume. This affirms that investors are bullish on this stock ahead. However we like to warn that the resistance at $10.30 is expected to be very strong and very likely … Tagged as: SGX Read the full article → Relat...

Full article: http://thefinance.sg/2011/10/29/stock-chart-kepcorp-sgx/

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