On Thursday, Kepcorp trend upwards and closed at $10.76 with HIGH volume of 9.66 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 though RSI in overbought region.
Important Resistance of Kepcorp: $11.09
Immediate Support of Kepcorp: $10.30
Currently prices are well above 20/50/100/200 days MA.
On 17/Jan, prices have broken the critical resistance at $10.30 with high volume to affirms on the bullishness of investors on the earning report.
The candle stick with long upper/lower shadow occurred today with high trading volume affirms on the heavy profit taking from the investors.
Since the results have been released today, do watch for any huge movement tomorrow morning. If there are no further buying pressure, taking profit ...
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