Keppel Corp (technical)

Keppel Corp: Trading Central notes the stock remains well supported by its ascending 20-day moving average, as well as a ST rising trend line. The daily RSI is also backed by a bullish trend line, and stands firmly above its neutrality area at 50%. In these perspectives, as long as $10.7 is not broken, it expects a continuation of the rebound to $11.2 and then to $11.45.