On Friday, Kepcorp trend upwards and closed at $10.99 with HIGH volume of 5.55 million shares traded.
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 27 white candles and 21 black candles for a net of 6 white candles.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Kepcorp: $11.10
Immediate Support of Kepcorp: $10.49
Currently prices are supported by 20/50 days MA.
Since 19/Jan, prices have been forming an ascending triangle with the key resistance eyed at the $11.10.
Many investors would be waiting to see if a breakout would occur especially when the prices are so near to the resistance.
The resistance at $11.10 is expected to be strong but would signal a strong bullish sentiment if breached with high volume.
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