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Stock Chart: KepCorp!
By Dou  •  June 2, 2013

Kepcorp

 

On Friday, Kepcorp trend downwards and closed at $10.52 with HIGH volume of 12.01 million shares traded.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Kepcorp: $10.97

Immediate Support of Kepcorp: $10.42

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

Since 12 Mar, prices have been trending downwards forming a lower high and lower low. This is a bearish signal.

The support at $10.42 is expected to be strong.

We would suggest to watch for the support at $10.42 as bulls are expected to guard heavily. It would be a good entry there but cut loss once this support breached with high selling pressure.

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

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