Shares & Derivatives
Stock Chart: KepCorp. Noble Grp!
By Dou  •  August 23, 2011

On Tuesday, Kepcorp re-test the support at $8.50 and closed at $8.74 with regular volume of 9.54 million shares traded.

A doji star occurred (where a doji gaps above or below the previous candle). This often signals a reversal with confirmation occurring on the next bar.

Both RSI & MACD are bearish though RSI in oversold region.

Important Resistance of Kepcorp: $9.44

Immediate Support of Kepcorp: $8.50

Currently prices are well below 20/50/100/200 days MA.

For the past 2 weeks, prices have been well support at the $8.50 level. There seems to be heavy buying pressure whenever prices pullback to that level.

The support at $8.50 is expected to be strong.

For those who are waiting for a good chance to enter, watch for the support at $8.50

On Tuesday, Noble re-test the support at $1.31 and closed at $1.39 ...

...
Read the full article
By Dou
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance