KepCorp: Dead Cat Bounce!

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Watching closely this Dead Cat Bounce on KepCorp. Doji on last Friday closing hitting the declining trend resistance (green line), 20D SMA and also getting close to 50% Fibonacci Retracement Level.  Waiting for this Bull Trap to complete to initiate a Short position again!

Original post by Marubozu from My Stocks Investing Journey.

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See last post on KepCorp Fundamental & Technical Analysis.

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1 thought on “KepCorp: Dead Cat Bounce!

  1. not believe in fundamental and trying to use TA to catch the bottom ? None can catch the bottom using TA and those using TA will always ended up “miss the boat”. since when stock market is so simple that using TA will do. if TA can get you rich from stock market, there will be no poor people in this world.

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