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Stock Chart: KepCorp!
By Dou  •  November 17, 2011

On Thursday, Kepcorp trend downwards and closed at $9.13 with regular volume of 2.35 million shares traded.

An inverted hammer occurred.  If this occurs during a downtrend it implies a reversal.  Look for a confirmation of the reversal on the bar.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Kepcorp: $9.55

Immediate Support of Kepcorp: $8.92

Currently prices are resisted by the 100 days MA at $9.55

From the chart, we could see that prices are forming a systematical triangle.

The breakout of the systematical triangle could be in either direction.

Watch for the support at $8.92 and resistance at $9.55 for the signal.

Stock Chart: KepCorp! is contributed by : Singapore Stock Information Exchange

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By Dou
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