On Monday, Kepland re-test the support at $3.89 and closed at $4 with HIGH volume of 4.87 million shares traded.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Kepland: $4.13

Immediate Support of Kepland: $3.97

Currently prices are resisted by 50 days MA at $4.13

Today Kepland has undergo heavy selling pressure on the bad news from China property. Prices re-test the critical support at $3.97 and managed to close just above this level.

The support at $3.97 is expected to be strong.

For those who interested in kepland, watch for the support at $3.97 tomorrow to see if it will hold. Do not enter if the selling continue tomorrow as the breached of $3.97 support spells more selling ahead.

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