Keppel Corp is testing the $8.45 resistance for the 3rd time! If it cannot break the resistance, a triple tops may be formed. There is also a divergence in price vs volume. If tomorrow market open gap down and end with a bearish candle, an Evening Star is formed and the trend will be reversed. The price may move down to around $7.00 level.
- Post author:Marubozu
- Post published:October 15, 2009
- Post category:Keppel Corp
- Post comments:0 Comments
Tags: Triple Tops