Keppel Corp (technical)

Keppel Corp: Trading Central sees further upside in share price, supported by an ascending 20day MA and bullish RSI. Notes share price has maintained above the rising trend line, indicating strong upward momentum. Says as long as $11 (the previous swing low) is not broken, further advance seems more likely to challenge $11.65 (Apr ’12 high), with $12.15 in extension.