On Friday, Kepcorp re-test the resistance at $11.30 and closed at $11.64 with LOW volume of 4.16 million shares traded.
A white candle stick with lower shadow similar to hammer indicates there are buying pressure whenever prices hit the support at $11.30.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Kepcorp: $11.70
Immediate Support of Kepcorp: $11.30
Currently prices are supported by 20 days MA.
From the chart, we could see a possible head and shoulder if $11.30 support were to give way with high volume.
Buying near the $11.30 support could be a good entry if the prices can hold above this level since this support is very strong. Cut loss once $11.30 support give way with high volume.
On Friday, Midas continue to trend downwards and closed at $0.705 with LOW volume of ...
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