On Tuesday, Kepcorp re-test the resistance at $8.86 and closed at $8.52 with LOW volume of 5.73 million shares traded.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Kepcorp: $8.86
Immediate Support of Kepcorp: $8.42
Currently prices are resisted by the 20 days MA at $8.86
Since 8/Aug, prices have been consolidating along the key support of $8.42 and key resistance of $9.55.
The support at $8.42 is expected to be very strong.
Watch the support at $8.42 if vested since it will likely to trigger more selling once breached.
On Tuesday, DBS trend downwards and closed at $12.20 with LOW volume of 5.81 million ...
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