Keppel Corp is forming a Symmetrical Triangle and currently just trading at the Triangle resistance and 20D/50D MA support. The immediate support is at $8.60 (Triangle’s support) which is also 78.6$ Fibonacci Retracement Level, 200D MA support and long term up trend support. No clear direction until the breakout.
- Post author:Marubozu
- Post published:September 26, 2010
- Post category:Keppel Corp
- Post comments:0 Comments
Tags: Symmetrical Triangle