Shares & Derivatives
Stock Chart: KepCorp, Biosensors!
By Dou  •  March 20, 2011

On Friday, Kepcorp undergo profit taking and closed at $11.40 with LOW volume of 4.82 million shares traded.

A black candle stick with no upper/lower shadow affirms investors have no hesitant in selling down the stocks.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Kepcorp: $11.66

Immediate Support of Kepcorp: $11.24

Currently prices are resisted by 20/50 days MA.

Although the market sentiment is very poor, Kepcorp managed to trend upwards on a rising trend line with the key resistance at $12.20.

We remain bullish on Kepcorp and expect the support at $11.24/$11.04 to be able to hold on.

Kepcorp is our stock pick for this week as well. Buy at support of $11.04 if interested.

On Friday, Biosensors broke the critical support at $1.11 and closed at $1.10 with LOW volume of 5.15 ...

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By Dou
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