06 Dec '11, 10pm

Stock Chart: KepCorp, ST Eng!

Stock Chart: KepCorp, ST Eng!

On Tuesday, Kepcorp trend downwards and closed at $9.40 with LOW volume of 3.69 million shares traded. A black candle sticks with little lower shadow affirms on the weakness of the rally and prices are likely to pull back. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of Kepcorp: $9.56 Immediate Support of Kepcorp: $8.89 Currently prices are supported by the 20/100 days MA. Since 21/Oct, prices have consolidating between the key support of $8.89 and key resistance of $9.56. The resistance at $9.56/$9.74 is expected to be very strong. Too dangerous to buy as we believe that upside is very limited now. On Tuesday, ST Eng broke the critical resistance at $2.80 and closed at $2.86 with HIGH volume of 3.36 million shares traded. Three white candles occurred in the last three days. … Read the full article → Related posts:Stock Chart: Kepcorp, SPH! Stock Ch...

Full article: http://thefinance.sg/2011/12/06/stock-chart-kepcorp-st-eng/

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