On Tuesday, Kepcorp re-test the critical support at $10.49 and closed at $10.50 with HIGH volume of 8.15 million shares traded.

Both RSI & MACD are bearish though RSI in oversold region.

Important Resistance of Kepcorp: $10.99

Immediate Support of Kepcorp: $10.49

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

Today KepCorp has went through heavy selling pressure as the bears attempt to crush the critical resistance at $10.49.

The support at $10.49 is expected to be strong.

We would not suggest to buy now as the selling pressure for KepCorp is great. In fact, more selling will be expected if $10.49 is breached with high volume.

Important News

Baker Technology 3Q net profit rise 33% to S$5.71 million due to higher gross profit margins for its projects.

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