The information is updated on 27 March 2013.
Keppel CorpBecause of the contract cancellation, this result in a downward pressure on the stock. most analysts' are still relative bullish. In fact, Nomura just issued a target price of 13.20. Having said that, from a technical perspective, this downward pressure may persist and there is some possible buying opportunity level.
From a technical perspective, you would notice that somewhere in late Feb, Keppel Corp break the uptrend sloping line @ around 11.60. Although it did trend further upward to a high of 11.92 but this is on the back of a Bearish RSI divergence. Before today, one may be looking for the possible support at the gap level of 11.190 - 11.280, followed by 10.70 - 11.00 ......
