Monday, August 12, 2013

Keppel Corp (technical)

Keppel Corp: has rebounded off the $10.35 support line, and the indicators are starting to show signs of an upward turnaround, suggesting positive near term momentum. First resistance is the $10.60 level. However the key moving averages continue to be angled downward, and the medium term outlook is expected be slightly negative still, or rangebound at best.

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