KepCorp: Technical Buy Call by UOB Kay Hian with a potential 5.8% return. BUY with a target price of $11.60. There is a following through of the bullish engulfing candlestick pattern with a
gap up, and the stock appears to break out toward the above mentioned resistance level.
Prices have also closed above the mid Bollinger band. The bullish view is also supported by a
bullish crossover at its Stochastics indicator. The alternative exit for this long position will be if the stock falls below $10.60. Institutional research has a fundamental BUY with TP of $12.70.
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