Shares & Derivatives
Stock Chart: KepLand, Wilmar!
By Dou  •  November 8, 2011

On Tuesday, Kepland trend aimlessly and closed at $2.77 with LOW volume of 2.3 million shares traded.

A black candle stick with little lower shadow affirms that investors have no hesitant in selling the stock lower.

Both RSI & MACD are flat as RSI trend sideway.

Important Resistance of Kepland: $2.89

Immediate Support of Kepland: $2.59

Currently prices are supported by 20/50 days MA.

Since 13/Oct, prices have been trending along the key support of $2.59 and key resistance of $2.89.

The resistance at $2.89 is expected to be very strong.

If interested, do watch if prices will pullback to $2.59 support for good entry.

On Tuesday, Wilmar re-test the resistance at $5.59 and closed at $5.59 with HIGH volume of 9.29 million shares traded.

A white candle stick with little upper/lower shadow indicates the weakness of the rally ...

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By Dou
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