Shares & Derivatives
Stock Chart: Kepcorp, SPH!
By Dou  •  February 1, 2011

On Tuesday, Kepcorp re-test the support at 11.66 and closed at $11.78 with regular volume of 5.13 million shares traded.

A long upper shadow occurred.  This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).

Both RSI & MACD are turning bearish as MACD lines about to cross down.

Important Resistance of Kepcorp: $12.20

Immediate Support of Kepcorp: $11.66

Currently prices are supported by 20 days MA at $11.66

As mentioned in the forum, Kepcorp has rally quite a bit recently and due for a pullback.

Prices have just pullback to the immediate support at $11.66 and this support is expected to be strong.

Impossible to buy now since prices too high but we would advise to take profit once $11.66 breached with high volume to signal ...

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By Dou
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