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