31 Mar '12, 4am

Stock Chart: KepCorp!

Stock Chart: KepCorp!

On Friday, Kepcorp trend upwards and closed at $10.99 with HIGH volume of 5.55 million shares traded. During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 27 white candles and 21 black candles for a net of 6 white candles. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of Kepcorp: $11.10 Immediate Support of Kepcorp: $10.49 Currently prices are supported by 20/50 days MA. Since 19/Jan, prices have been forming an ascending triangle with the key resistance eyed at the $11.10. Many investors would be waiting to see if a breakout would occur especially when the prices are so near to the resistance. The resistance at $11.10 is expected to be strong but would signal a strong bullish sentiment if breached with high volume. Stock … Read the full article → Related posts:Stock Chart: KepCorp, Ge...

Full article: http://thefinance.sg/2012/03/31/stock-chart-kepcorp-5/

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