Thursday, May 30, 2013

Keppel Corp (technical)

Keppel Corp: Trading Central sees further downside, with share price capped by the declining 50 day moving avg. RSI has struck against the neutral 50 level, adn is now turning down. With key resistance at $11.15 capping upside, this should maintain the selling pressure on the share price. Eyes a retracement to $10.45 and $10 in extension.

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