Keppel Corp - My Stocks Investing

Keppel Corp: Fighting with 200D SMA Resistance

Post author:Marubozu
Post published:October 29, 2013

Keppel Corp has been fighting to clear the 200D SMA resistance for past 9 occasions. This 200D SMA level is also the neckline for the Inverted Head and Shoulders & 50% Fibonacci Retracement Level.

Bullish Scenario: Keppel Corp moves above $11.00 with price target of $11.90.
Bearish Scenario: Keppel Corp rejected at this resistance and retraces back to $10.35 support or $10.00 support.

Note: MACD is weakening.

Original post by Marubozu @ My Stocks Investing Journey.

KepCorp: Technically Bearish

Post author:Marubozu
Post published:June 2, 2013

KepCorp is technically bearish as the stock is trading below 20D/50D/200D SMA. The stock is currently just sitting on the long term support level at about $10.50. Watch this support closely and get ready to short!

2013June1-KepCorp-800x600 Original post from My Stocks Investing Journey.

Keppel Corp: Rebound from here?

Post author:Marubozu
Post published:May 4, 2013

Keppel Corp is technically bearish and on down trend after breaking the 200D SMA support. The stock is currently on down trend but will be testing the the Big Rising Wedge support. This support is quite a reliable support which tested past 3 times. Watch this support closely and wait for the reversal candlestick pattern (Inverted Hammer, Hammer, Morning Star, Bullish Engulfing, Three Inside Up, etc) to long. Alternatively, KepCorp will continue to fall if this support is broken with price target of $9.00.

Note: 20D SMA looks like quite a reliable support and resistance.

See past analysis on Keppel Corp.