On Tuesday, Kepcorp trend downwards and closed at $9.40 with LOW volume of 3.69 million shares traded.
A black candle sticks with little lower shadow affirms on the weakness of the rally and prices are likely to pull back.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Kepcorp: $9.56
Immediate Support of Kepcorp: $8.89
Currently prices are supported by the 20/100 days MA.
Since 21/Oct, prices have consolidating between the key support of $8.89 and key resistance of $9.56.
The resistance at $9.56/$9.74 is expected to be very strong.
Too dangerous to buy as we believe that upside is very limited now.
On Tuesday, ST Eng broke the critical resistance at $2.80 and closed at $2.86 with HIGH volume of 3.36 million shares traded.
Three white candles occurred in the last three days. ...
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