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Stock Chart: KepLand, SembMar!
By Dou  •  October 30, 2011

On Friday, Kepland broke the critical resistance at $2.84 and closed at $2.89 with HIGH volume of 8.61 million shares traded.

A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 3 rising windows in the last 50 candles–this makes the current rising window even more bullish.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Kepland: $3.09

Immediate Support of Kepland: $2.84

Currently prices are supported by 50 days MA at $2.84.

On 28/Oct, prices broke the critical resistance at $2.84 with high volume and this affirms on the bullishness of the investors.

The resistance turned support at $2.84 is expected to be very strong.

However with the RSI near overbought region, we would not suggest ...

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By Dou
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