On Friday, Kepcorp trend downwards and closed at $10.57 with HIGH volume of 8.82 million shares traded.
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 30 white candles and 17 black candles for a net of 13 white candles.
Both RSI & MACD are bearish as MACD perform a “cross down” recently.
Important Resistance of Kepcorp: $10.85
Immediate Support of Kepcorp: $10.30
Currently prices are supported by 20 days MA at $10.30.
For the past 3 trading sessions, there has been heavy profit taking as investors sell on the overbought market.
The support at $10.30 is expected to be strong.
It would not be feasible to buy on the overbought market now thus we suggest selling if vested once $10.30 ...
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