KepCorp rejected at the support turned resistance (uptrend line started from Dec 2011 & horizontal line at about 61.8% FR level) with a bearish closing Marubozu candle after Bearish Engulfing candles. KepCorp may be forming a Head and Shoulder pattern and reverse to a bearish trend.
Critical Support at $10.94 (50% FR & previous resistance turned support).
Critical Resistance at about $11.17-$11.22.
Original post by Marubozu @ My Stocks Investing Journey.
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|Est. EPS (SGD) (12/2013)
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