Invest
Stock Chart: KepCorp!
By Dou  •  January 3, 2012

On Tuesday, Kepcorp re-test the resistance at $9.56 and closed at $9.56 with regular volume of 3.51 million shares traded.

During the past 10 bars, there have been 5 white candles and 4 black candles for a net of 1 white candles. During the past 50 bars, there have been 25 white candles and 22 black candles for a net of 3 white candles.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Kepcorp: $9.56

Immediate Support of Kepcorp: $8.89

Currently prices are supported by the 20/50 days MA.

Since 21/Oct, prices have consolidating between the key support of $8.89 and key resistance of $9.74

The resistance at $9.74 is expected to be very strong

We would suggest to sell/short at $9.74 if interested since it would be not easy for prices to break though this consolidation ...

...
Read the full article
By Dou
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance