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Stock Chart: Kepland, Golden Agri!
By Dou  •  October 8, 2011

On Friday, Kepland trend upwards and closed at $2.44 with HIGH volume of 12.9 million shares traded.

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Both RSI & MACD are bullish as RSI began to tick upwards.

Important Resistance of Kepland: $2.59

Immediate Support of Kepland: $2.30

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

On 22/Sept, prices broke the critical support at $2.84 with high volume and trigger more selling pressure.

Prices rebound on the critical support at $2.30 on 5/Oct but the rally is relatively weak.

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By Dou
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