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Stock Chart: Kepland, Genting SP!
By Dou  •  January 19, 2012

On Thursday, Kepland re-test the resistance at $2.63 and closed at $2.57 with HIGH volume of 12.68 million shares traded.

Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Kepland: $2.63

Immediate Support of Kepland: $2.30

Currently prices are resisted by 100 days MA at $2.63.

Since 18/Nov, prices have been consolidating between the key support of $2.20 and key resistance of $2.63.

Today prices re-test the critical resistance at $2.63 with high volume but failed to break though.

The resistance at $2.63 is expected to be strong.

The earning report has just been announced today and it is too late to long stock but do consider ...

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By Dou
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