Tuesday, August 20, 2013

Keppel Corp (technical)

Keppel Corp: Trading Central notes the stock remains under pressure below its key resistance at $10.90. Both the short term and medium term moving averages are turning down, which should maintain the strong selling pressure on prices. RSI remains weak below the neutral 50 level. Says look for further decline to $10 and $9.65 in extension.

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