Keppel Land is currently facing a tough resistance at $3.85 to break. This KepLand bounces back from this resistance level, there is a risk of forming a Double Tops pattern. Immediate support at 50D MA followed by 20D MA. Definitely not a good entry point at this level except a breakout of this resistance with huge trading volume.
Keppel Land – Facing a Tough Resistance
- Post author:Marubozu
- Post published:June 16, 2010
- Post category:Keppel Land
- Post comments:0 Comments
Tags: Double Tops