Keppel Land: Start of a Down Trend

Keppel Land is technically bearish and starting a down trend. The stock is currently trading below 20D, 50D and 200D SMA. Do a quick comparison (shaded in red) and you will see what is going to happen the to the stock price from now on. Is it time to buy on dip or start shorting? You better know what you are doing.

Previous stock chart analysis on Keppel Land.

2013June22-KeppelLand

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