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Stock Chart: KepCorp!
By Dou  •  October 22, 2012

On Monday, Kepcorp re-test the critical resistance at $11.14 and closed at $11.14 with HIGH volume of 6.25 million shares traded.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Kepcorp: $11.58

Immediate Support of Kepcorp: $11.14

Currently prices are supported by 100/200 days MA.

For the past 2 trading sessions, prices have been undergo heavy selling pressure due to poor earning results.

The resistance at $10.99 is expected to be strong.

We would suggest to wait for prices to rebound on the $10.99 support before entry as the selling pressure is currently very strong.

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

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By Dou
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