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Stock Chart: KepCorp!
By Dou  •  April 12, 2012

On Thursday, Kepcorp breakout of resistance at $11.10 and closed at $11.24 with HIGH volume of 7.44 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 26 white candles and 22 black candles for a net of 4 white candles.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Kepcorp: $11.30

Immediate Support of Kepcorp: $11.10

Currently prices are well above 20/50/100/200 days MA.

Today prices have broken out of the ascending triangle with high volume and re-test the resistance at $11.30.

More upside can be expected if the resistance at $11.30 can be broken tomorrow.

Too late to buy now and instead look to take profit if vested.

Stock Chart: KepCorp! is contributed by : Singapore Stock Information Exchange

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