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 ...
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