Tuesday, November 26, 2013

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. Furthermore, the daily RSI is also backed by a bullish trend line, displaying strong bullish momentum. As long as $10.9 (short term trailing stop loss) is not broken, the house expects a continuation of the rebound to $11.45 and then to $11.7.

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