Friday, May 2, 2014

Keppel Land (technical)

Keppel Land: with share price whip sawing around the 200day MA, and mixed signals from the key indicators, near term price action may be range bound between the 23.6% and 38.2% Fibo zone ($3.37 - $3.55). Probabilities indicate higher odds of an upward move, as the 50 and 20 day moving averages are still tilted upward.

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