Keppel Corporation (KepCorp): Break Up Trend Support!

KepCorp broke uptrend support with increase in trading volume! In addition, KepCorp broke the 50D MA support too. This indicates the end of uptrend for KepCorp.

Next immediate support is at about $10.38 which is the 78.6% Fibonacci Retracement level followed by 200D MA support.

This Post Has 2 Comments

  1. doris

    today ,kepcorp closed above 50dma, so is the uptrend still intact?

  2. Marubozu

    Still too early to tell, need to see whether 20D MA is the resistance or not.

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