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Stock Chart: KepCorp, ST Eng!
By Dou  •  December 6, 2011

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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By Dou
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